UKSIF’s letter to the Minister of Treasury calling the UK government to set out its post-Brexit approach to green finance.
UKSIF wrote to John Glen MP, Minister of Treasury asking to set out its post-Brexit approach to green finance “without delay” or risk falling behind in this area. We called on the government to adopt an “EU plan plus, aligned where the EU plan is good and better where it isn’t”, with active consideration of firms operating in both markets. Finally, we added that the uncertainty regarding the UK’s approach risked creating a lack of consistency between EU and UK rules that could “prove costly to administer, confusing and ripe for error” for asset managers.
Read the full letter here.