Meeting: 2pm, 1 November 2022
This event is the third in FBC’s series of ESG-themed round-tables, designed to help AFMs (and fund board professionals in particular) get on the front foot in terms of meeting their responsibilities when it comes to Responsible Investment.
We will be joined by the FCA and our expert panel to discuss the new consultation paper will be:
- Mark Manning, Technical Specialist, Sustainable Finance and Stewardship, FCA
- Sandra Carlisle, Head of Sustainability, Jupiter
- Julie Patterson, iNED
We will be discussing:
- What are the key requirements introduced and how do they build upon and differ from those in the FCA’s Nov 2021 discussion paper on SDR and investment labels (DP 21/4)?
- How do the requirements compare with the European Sustainable Finance Disclosure Regulations (SFDR)?
- What is the current status of the UK Green Taxonomy and how will it interact?
- What are the main things which the FCA be looking for in how firms implement the requirements?
- What are our speakers’ initial responses to the details of the paper?
- How are our speakers’ firms approaching preparing to implement the requirements?
- What does good practice look like in terms of how firms should oversee alignment with existing FCA ESG regulations and the evolving consultation paper requirements?
Contributors
Mark Manning leads the FCA’s policy work on sustainable finance and investor stewardship. In this role, he is responsible for several initiatives, including the FCA’s implementation of the TCFD’s recommendations and the FCA’s work with IOSCO on corporate reporting standards on sustainability.
Prior to joining the FCA in 2018, Mark spent fifteen years as a central banker with the Bank of England (BoE) and the Reserve Bank of Australia (RBA). He held a number of senior roles, with a particular focus on policy, research and supervision in the field of financial market infrastructures (FMIs). Before joining the official sector, Mark spent several years as a fixed income and currency fund manager with Kleinwort Benson Investment Management and Goldman Sachs Asset Management.
Mark holds Master’s degrees in Economics and Finance, from University College London and London Business School, respectively.
Sandra Carlisle is Head of Sustainability at Jupiter Asset Management, leading the Corporate Sustainability function. In this role, Sandra is responsible for implementing and driving a cohesive sustainability strategy across Jupiter’s dual corporate and investment footprint.
Sandra joined Jupiter in Feb 2022 from HSBC Asset Management where she was Global ESG lead for the institutional business.
Sandra’s experience spans three decades across public and private markets in leading global investment banks and the asset management industry, with 17 of these years dedicated to the field of responsible investment and ESG, including three years as a Board member of the PRI.
Julie is an iNED, charity trustee and regulatory consultant, and chairs the Investment Association’s Sectors Committee. She has specialised in the asset management and funds sector for over 20 years, across all asset classes and product types.
She previously led on regulatory change in asset management within KPMG’s EMA Regulatory Insights Centre, providing thought leadership and analysis of regulatory proposals and supervisory priorities. She also co-ordinated the Centre’s work on sustainable finance regulation and Brexit impacts.
Before joining KPMG, Julie was first a regulator (at the Bank of England and the FSA) and then a director at the Investment Association. She expanded the regulatory function to cover segregated mandates, capital requirements and asset management operations, and then focussed on investment funds – regulation, distribution, administration, financial reporting, tax and legal. She led the IA’s lobbying activity in the EU.
She has a broad knowledge of the European fund and distribution landscape, was closely involved for over 20 years with the European Fund and Asset Management Association (EFAMA) and has worked with various other trade associations.
Our speakers will open the meeting with some initial thoughts and we will then open the discussion to the attendees for what we are sure will be an interesting discussion of how these matters are being considered in their organisations and especially on their fund boards.
Register for meeting
This event is open to FBC members only. FBC members can register for the meeting by logging in to their Member Portal.
