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Spring Budget 24: Treasury confirms regulation of ESG ratings

Follows a year long consultation after last year's Budget

James Baxter-Derrington

06 March 2024 • 1 min read

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According to HMT, the announcement is a 'holding update' for the industry, with the consultation response and legislative timeline due to follow.

HM Treasury has confirmed it will regulate ESG ratings, following a year-long consultation initiated in the wake of 2023’s Spring Budget.

According to an update on HMT's website, the government has confirmed as part of 2024's Spring Budget today (6 March) that a regulatory regime will be implemented. The regulatory regime will ove...

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