FRC Stewardship Reframing Risks “Ambiguity”
Chris Hall
NOVEMBER 19, 2024
Proposed revision to stewardship definition seen as potentially weakening ambition and fostering distance between investment decisions and their impacts. A tweak to the Financial Reporting Council’s (FRC) definition of stewardship in a proposed update to the UK Stewardship Code has been received with alarm by asset owners and managers.
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