Sustainable finance and climate change disclosures
Read more about the policy work being undertaken by governments, regulators & standard setting bodies in relation to sustainable finance and climate-related disclosures including UK consultations published in June 2025.
UK Government: Invest 2035 - UK Modern Industrial Strategy
The UK Government have published their Industrial Strategy for the next 10 years. Their Financial Services Growth & Competitiveness Strategy is expected to follow in mid-July 2025.
UK Alternative Investment Fund Manager (AIFM) Regime
HM Treasury and the FCA are considering changes to the AIFM regime in the UK. Find out more about this here and view AREF's responses to their consultations.
UK Government - Pensions Investment Review
The UK Government has published its final report on the first phase of the Pensions Investment Review and responses to two other related consultations. The Pension Schemes Bill is currently going through Parliament.
Law Commission - Landlord and Tenant Act consultations
The Law Commission are reviewing Part 2 of the Landlord and Tenant Act 1954 with a view to modernise commercial leasehold legislation. They have issued an interim statement on their provisional conclusions.
FRC - UK Stewardship Code
The Financial Reporting Council have published the UK Stewardship Code 2026 and are consulting on guidance.
Sustainable Finance Disclosure Regulation (SFDR)
The European Commission have put out a call for evidence on SFDR.
DWP - Options for Defined Benefit schemes
The Government have responded to their consultation on the treatment of DB scheme surpluses and a model for a public sector consolidator.
UK Government: Build Out improvements
The UK Government have published a policy paper on speeding up build out and alongside this they are consulting on measures to improve build out transparency and accountability.
IOSCO - Liquidity Risk Management Recommendations for Collective Investment Schemes
IOSCO has published its final report on Revised Recommendations for Liquidity Risk Management for Collective Investment Schemes alongside its Implementation Guidance