UK Treasury launches consultation on bringing ESG ratings firms under regulation
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UK Treasury launches consultation on bringing ESG ratings firms under regulation

Ayesha Venkataraman
30 March 2023
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The UK Treasury has launched a consultation on a potential regulatory framework for ESG-ratings providers towards improving the transparency of their methodologies, governance and processes.

It said there was a need to develop the market for credible ESG ratings, as an estimated $33.9tn of global assets under management will consider ESG factors within three years.

The

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