FCA mulls expanding IGC remit with social investing duties

James Phillips
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FCA mulls expanding IGC remit with social investing duties

Independent governance committees (IGCs) may see their remit expanded to include reporting on social investing issues under Financial Conduct Authority (FCA) plans unveiled in its business plan today.

The watchdog said it had begun wider policy work on potentially changing the rules for IGCs to improve governance and value for money, citing recommendations from the Law Commission last year. The Law...

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