Please find below an archive of our responses to proposed regulatory and accounting standards changes. The advocacy committees base responses on feedback direct from members and other CFA UK relevant committees.
Date: | Response title: | Response to: | Topic: |
May-23 | CFA UK response to the FCA on DP23/2: Updating & improving the UK regime for asset management | FCA | Asset Management |
May-23 | CFA UK response to the FCA’s Discussion Paper 23/1 – ‘Finance for positive sustainable change: governance, incentives and competence in regulated firms’ | FCA | Sustainability/ESG |
Mar-23 | CFA UK response to HMT on PRIIPs and UK retail Disclosure | HMT | Fund Disclosures |
Mar-23 | CFA UK response to the FCA on DP22/6 Future Disclosure Framework | FCA | Fund Disclosures |
Mar-23 | CFA UK response to the DWP on Value for Money: A framework on metrics, standards and disclosures | DWP | Pensions/VFM |
Mar-23 | CFA UK response to TPR on The Defined Benefit Funding Code of Practice (Part II) | TPR | Pensions |
Jan-23 | FCA | Sustainability/ ESG | |
Nov-22 | CFA UK response to the DWP regarding Broadening the Investment Opportunities of DC pension Schemes |
DWP | Pensions |
Oct-22 | CFA UK response to the DWP on Draft Regulations (Funding & Investment Strategy) for DB Pension Schemes | DWP | Pensions |
July-22 | CFA UK response to the Transition Plan Taskforce on their call for evidence on "A Sector-Neutral framework for private sector transition plans" | Transition Plan Taskforce | Sustainability |
July-22 | CFA UK response to CFA Institute on their consultation on proposed revisions to the CFA Institute Code & Standards | CFA Institute | Ethics & conduct standards |
June-22 | CFA UK response to the UKEB on the ISSB's Exposure Drafts for Sustainability Disclosures | UKEB | Sustainability |
May-22 | CFA UK response to the FCA regarding protecting investors in authorised funds following the Russian invasion of Ukraine | FCA | Market regulation |
May-22 | CFA UK response to the DWP regarding Facilitating investment in illiquid assets | DWP | Pensions |
Feb-22 | CFA UK response to the FCA regarding CP21-36: A new Consumer Duty | FCA | Ethics & conduct regulation |
Feb-22 | CFA UK response to HM Treasury regarding their reform proposals to the Future Regulatory Framework Review |
HMT | Financial Regulation |
Jan-22 | FCA | ESG | |
Dec-21 | CFA UK response to the FCA and TPR regarding DP21-3: Driving Value for Money in Defined Contribution Pensions |
FCA/TPR | Value for Money |
Oct-21 | CFA UK Response to the FCA on CP21-24: Diversity & inclusion on company boards and executive committees |
FCA | Diversity, Equity & Inclusion |
Oct-21 | CFA UK & CFA Institute Joint Response to the PRA, BoE and FCA on DP21-2: Diversity & inclusion in the financial service sector | PRA/FCA/FCA | Diversity, Equity & Inclusion |
Sep-21 | CFA UK & CFA Institute Joint Response to the FCA on CP21-23: PRIIPs - Proposed scope rules and amendments to Regulatory Technical Standards | FCA | Investment Reporting |
Sep-21 |
CFA UK Response to the FCA on CP21-18: Climate-related Disclosures & Reporting by issuers |
FCA | Corporate Reporting/Climate Change |
Sep-21 | CFA UK Response to the FCA on CP21-17: Climate-related Disclosures & Reporting by firms | FCA | Corporate Reporting/Climate Change |
Jul- 21 | CFA UK Response to BEIS on Restoring trust in audit and corporate governance | BEIS | Corporate Reporting |
Jun-21 | CFA UK Response to the DWP on Social Considerations in Pension Scheme Investments |
DWP | ESG/Pensions |
May-21 | CFA UK Response to BEIS on mandatory TCFD disclosures | BEIS | Climate Change/Corporate reporting |
Apr-21 |
CFA UK Response to HMT's Call for Input on the UK Funds Regime | HMT | Fund management |
Apr-21 | CFA UK Response to the DWP on Incorporating Performance Fees within the Charge Cap | DWP | Pensions |
Mar-21 | CFA UK Second Response to DWP: Re Taking Action on Climate Change | DWP | Pension/Climate |
Feb-21 | CFA UK Response to the FCA's Position Statement PS20/17 on Climate Change Disclosure Reporting | FCA | Corporate Reporting |
Feb-21 | CFA UK Response to the FRC's consultation on the Future of Corporate Reporting | FRC | Corporate Reporting |
Dec - 20 | CFA UK Response to FCA Call for Input: Consumer Investment Markets | FCA | Investment Markets |
Nov - 20 | CFA UK Letter to Pauline Wallace, Chair, UK Endorsement Board |
FRC | Corporate Reporting |
Oct - 20 | CFA UK Response to DWP: Improving the outcomes for members of DC pension schemes |
DWP | Pensions/VFM |
Oct - 20 | CFA UK Response to CFA Institute: The Development of ESG Standards for Investment Products |
CFA Institute | ESG |
Oct - 20 | CFA UK Response to the DWP: Taking action on climate risk: improving governance & reporting by occupational pension schemes |
DWP | Pensions/ESG |
Oct - 20 | CFA UK Response to the FCA on CP20/3: Climate change disclosure reporting | FCA | Corporate Reporting/ESG |
Sep - 20 | CFA UK Response to the IASB on the general presentation & disclosures in the primary financial statements | IASB | Corporate Reporting |
Sep - 20 | CFA UK Response to the FCA on CP20/9: Driving value for money in pensions | FCA | Pensions/VFM |
Sep - 20 | CFA UK Response to the FCA on DP20/02: A new prudential regime for MiFID firms | FCA | Governance |
Sep - 20 | CFA UK Response to the Pension regulator on proposals for a DB Funding Code | TPR | Pensions |
Aug - 20 | CFA UK Response to the Joint Consultation on the Reform of the Index Linked Gilt market | UKSA / HMT | Market Practices |
Mar - 20 | CFA UK response to the FCA's Call for Input on Open Finance |
FCA | Future of Finance |
Mar - 20 | The Potential Reform of the UK Index-linked Gilt Market | Chancellor of the Exchequer | Market Practices |
Feb - 20 | Response to Consultation on PAS 7341 on Responsible & Sustainable Investment | BSI | Sustainability/ESG |
Jan-20 | Joint Consultation Paper concerning amendments to the PRIIPs KID | ESMA / EU / EIOPA / EBA | Investment reporting |
Sep-19 | CFA UK response to the The Pensions Regulator's consultation paper on new draft guidance for pension trustees | TPR | Governance |
Sep-19 | CFA UK Response to The Pensions Regulator’s Consultation on the Future of Trusteeship and Governance |
TPR | Governance |
Jul-19 | CFA UK Response to the FCA’s Consultation (CP19/15) on Extending the Duties of IGCs | FCA | ESG/VFM |
Apr-19 | CFA UK Response to the FRC/FCA joint discussion paper (DP19/01): Building a regulatory framework for effective stewardship | FRC/FCA | Governance |
Mar-19 | CFA UK Response to the FCA's Consultation (CP19/07) on proposals to improve shareholder engagement | FCA | Governance |
Mar-19 |
CFA UK Response to the FRC's Consultation on the Stewardship Code |
FRC |
Governance |
Mar-19 |
CFA UK Response to the Investment Association's Consultation on Sustainable & responsible Investment | IA | ESG |
Jan-19 | CFA UK Response to DP18/08: Climate Change & Green Finance | FCA | ESG/Financial Reporting |
Oct-18 | CFA UK Response to FCA Consultation Paper 18-19: Introducing the Directory | FCA | Governance |
Sept-18 | CFA UK Response to the FCA's Investment Platforms Market Study MS17/1.2 | FCA | Asset Management |
Aug-18 | CFA UK Response to BEIS Call for Evidence for the Independent Review of the FRC | BEIS | Financial Reporting |
July-18 |
CFA UK Response to the EU Consultation on the EU Reporting Framework |
EU |
Financial Reporting |
July-18 |
CFA UK Response to FCA Consultation Paper 18/9: Fund Objectives and Use of Benchmarks |
FCA |
Asset Management |
Feb-18 |
CFA UK Response to FRC Consultation on Revisions to the UK Corporate Governance Code |
FRC |
Corporate Governance |
Nov-17 |
CFA UK Response to FCA Consultation Paper 17/25 Individual Accountability |
FCA |
Corporate Governance |
Oct-17 |
FCA |
Asset Management |
|
May-17 |
Response to Technical Consultation on Enhanced Disclosure of Charges and Transaction Costs |
Investor Association |
Asset Management |
May-17 |
Response to Discussion Paper DP17/1 - Illiquid assets and open-ended investment funds |
FCA |
Asset Management |
Mar-17 |
FRC Consultation |
Financial Statements |
|
Feb-17 |
CFA UK Response to Asset Management Market Study Interim Report MS15/2.2 |
FCA Consultation |
Asset Management |
Feb-17 |
Response to Green Paper (Nov 2016) - Corporate Governance Reform |
Department for Business, Energy & Industrial Strategy |
Corporate Governance |
Jan-17 |
Response to Consultation CP16/29 – Markets in Financial Instruments Directive II Implementation |
Consultation Paper III Response to FCA Topic |
MIFID |
Sep-16 |
Response to Discussion Paper on 21st Century Trusteeship and Governance |
Response to The Pensions Regulator Topic |
Pensions |
Jul-16 |
CFA UK Response to FCA Consultation DP16-3 on UK IPO process |
FCA |
Financial Statements |
Jun-16 |
CFA UK Response to HM Treasury on diversity in the investment profession |
HM Treasury |
Diversity |
Apr-16 |
CFA UK Response to EC consultation on non-financial reporting guidelines |
|
EC |
Mar-16 |
CFA UK Response to EC consultation on long-term and sustainable investment |
|
EC |
Mar-16 |
CFA UK Response to IASB on Application of Materiality to Financial Statements |
IASB |
Financial Statements |
Jan-16 |
Response to IASB on IAS7 Net debt |
IASB |
Financial Statements |
Jan-16 |
IASB |
Financial Statements |
|
Jan-16 |
IASB |
Financial Statements |
|
Jan-16 |
Financial Reporting Council |
Financial Statements |
|
Jan-16 |
FCA |
FCA |
|
Apr-15 |
EU Commission |
Financial Reporting |
|
Mar-15 |
IASB |
Financial Reporting |
|
Feb-15 |
FCA |
||
Dec-14 |
Financial Reporting |
||
Nov-14 |
Financial Reporting |
||
Nov-14 |
Financial Reporting |
||
Sep-14 |
Accounting for Dynamic Risk Management: a Portfolio Revaluation Approach to Macro Hedging |
Hedge Accounting |
|
Sep-14 |
FCA |
Competition |
|
Aug-14 |
Response to CP14/12: Removing the Transparency Directive’s requirement to publish interim management |
FCA |
IMS |
Aug-14 |
Response to discussion paper: Should goodwill still not be amortised? |
European Financial Reporting Advisory Group |
Disclosure for goodwill |
Jul-14 |
Response to consultation: Revised IASB Exposure Draft (ED) Leases |
European Financial Reporting Advisory Group |
Leases |
Jun-14 |
Local Government Pension Scheme: Opportunities for collaboration, cost savings and efficiencies |
Department for Communities and Local Government |
Local Government Pension Scheme |
Jun-14 |
Review of enforcement decision-making at the financial services regulators: call for evidence |
HM Treasury |
Enforcement Review |
May-14 |
CFA UK response to proposed revisions to the UK Corporate Governance Code |
FRC |
Corporate Governance |
May-14 |
IASB |
IFRS |
|
Apr-14 |
CFA UK response to ESMA guidelines on alternative performance measures |
ESMA |
Alternative Performance Measures |
Mar-14 |
FCA |
Dealing Commission/Research |
|
Mar-14 |
Banking Standards Review |
Banking Standards |
|
Jan-14 |
Fees & levies (CP 13/1) |
FCA |
|
Jan-14 |
CFA UK response to IASB conceptual framework discussion paper |
IASB |
Financial Reporting |
Jan-14 |
Law Commission |
Fiduciary Duty |
|
Sep-13 |
Department for Communities and Local Government |
Local Government Pension Scheme |
|
Jun-13 |
CFA UK response to IASB ED ‘Financial Instruments: Expected Losses' |
Financial Analysis and Reporting Committee (FRAC) |
IASB |
Jun-13 |
Law Commission |
Fiduciary Duty |
|
May-13 |
Public Concern at Work (PCAW) |
Whistleblowing |
|
Apr-13 |
Financial Analysis and Reporting Committee (FRAC) |
UK Shareholders Association (UKSA) |
|
Apr-13 |
FCA |
Fees & Levies |
|
Mar-13 |
FCA |
ISA Reporting Standards |
|
Mar-13 |
IFRS |
IASB |
|
Mar-13 |
FCA |
Transparency |
|
Mar-13 |
Letter to Her Majesty's Treasury - Foresight: The Future of Computer Trading in Financial Markets |
Department for Business, Innovation & Skills |
Computer Trading in Financial Markets (HFTs/AT) |
Mar-13 |
CFA UK response to Statutory Audit Services Market Investigation |
Competition Commission |
Statutory Audit Services Market Investigation |
Mar-13 |
CFA UK response to the Parliamentary Commission on Banking Standards |
Parliamentary Commission on Banking Standards |
Banking standards |
Feb-13 |
Financial Services Authority |
FCA |
|
Feb-13 |
The Regulation and Supervision of Benchmarks (Libor) (CP 12/36) |
Financial Services Authority |
Libor |
Feb-13 |
Implementation of the Alternative Investment Fund Managers Directive (AIFMD) (CP 12/32) |
Financial Services Authority |
Alternative Investment Fund Managers Directive |
Jan-13 |
CFA UK response to FRC paper on improving disclosure in financial statements |
FRC |
Financial Statements |
Dec-12 |
IFRS |
Financial reporting |
|
Nov-12 |
CFA UK response to European Market Infrastructure Regulations (EMIR) (CP12/22) |
Financial Services Authority |
European Market Infrastructure Regulations (EMIR) |
Nov-12 |
Department for Business, Innovation & Skills |
The Kay Review of UK Equity Markets |
|
Sep-12 |
CFA UK response IASB request for feedback on Revenue Recognition |
IASB |
Revenue Recognition |
Sep-12 |
Parliamentary Commission on Banking Standards |
Banking standards |
|
Aug-12 |
IASB |
Impairment |
|
Jun-12 |
Financial Reporting Council |
Stewardship |
|
Jun-12 |
Financial Reporting Council Consultation: Code for Corporate Governance |
Financial Reporting Council |
Corporate Governance |
Apr-12 |
Department for Business, Innovation & Skills |
The Kay Review of UK Equity Markets |
|
Apr-12 |
Financial Services Authority |
Listings Regime |
|
Mar-12 |
International Accounting Standards Board |
Revenue Recognition |
|
Mar-12 |
The Kay Review of UK Equity Markets |
Equity Markets |
|
Feb-12 |
CFA UK |
Financial Services Bill |
|
Feb-12 |
Regulatory fees and levies: Policy Proposals for 2012/13 (CP11/21) |
Financial Services Authority |
Fees & Levies |
Jan-12 |
Financial Reporting Council |
Reform of the FRC |
|
Jan-12 |
Retail Product Development and Governance: Structured Products Review |
Financial Services Authority |
Retail Product Development & Governance |
Dec-11 |
Department for Business, Innovation & Skills |
The Kay Review of UK Equity Markets |
|
Nov-11 |
Department for Business, Innovation & Skills |
Narrative Reporting |
|
Nov-11 |
FTSE |
Free Float Consultation |
|
Nov-11 |
Department for Business, Innovation & Skills |
Executive Remuneration |
|
Nov-11 |
International Accounting Standards Board |
Agenda Consultation |
|
Nov-11 |
Financial Reporting Council |
Financial Reporting Lab |
|
Aug-11 |
UK Border Agency/Home Office |
Work Settlement |
|
Aug-11 |
Joint Parliamentary Committee |
Financial Services Bill |
|
Aug-11 |
Financial Services Authority |
Financial Conduct Authority |
|
Jun-11 |
FRC |
Gender Diversity |
|
Jun-11 |
IFRS |
IASB |
|
Apr-11 |
IFRS |
Offsetting |
|
Apr-11 |
Financial Services Authority |
Product Intervention |
|
Mar-11 |
HM Treasury |
New Regulatory Framework |
|
Mar-11 |
International Accounting Standards Board |
Hedge Accounting |
|
Mar-11 |
HM Treasury |
Simple Financial Products |
|
Feb-11 |
Financial Services Authority |
Financial Promotions Guidance Consultation |
|
Jan-11 |
Establishing the Risk a Customer is Willing to Take and Making a Suitable Investment Selection |
Financial Services Authority |
Customer Risk and Suitable Investment Selection |
Jan-11 |
EU Commission: Disclosure of Non-Financial Information by Companies |
EU Commission |
Disclosure of Non-Financial Information |
Jan-11 |
Treasury Select Committee |
Retail Distribution Review |
|
Jan-11 |
Department for Business, Innovation & Skills |
Long-Term Focus |
|
Jan-11 |
International Accounting Standards Board |
IFRS |
|
Dec-10 |
International Accounting Standards Board |
Leases |
|
Dec-10 |
FSA (CP 10/27): Implementing CRD3 requirements on the disclosure of remuneration |
Financial Services Authority |
Implementation of Remuneration Disclosure |
Nov-10 |
International Accounting Standards Board |
Insurance Contracts |
|
Nov-10 |
International Accounting Standards Board |
Revenue Recognition |
|
Nov-10 |
A New Approach to Financial Regulation: Judgement, Focus and Stability |
HM Treasury |
Financial Regulation |
Aug-10 |
Financial Services Authority |
Competence, Ethics |
|
May-10 |
Financial Services Authority |
Client Assets |
|
May-10 |
Financial Services Authority |
Corporate Governance |
|
Mar-10 |
Financial Reporting Council |
Corporate Governance |
|
Mar-10 |
Financial Services Authority |
Retail Distribution Review |
|
Nov-09 |
Committee of European Securities Regulators |
XBRL |
|
Aug-09 |
International Accounting Standards Board |
Impairment |
|
Aug-09 |
International Accounting Standards Board |
Credit Risk |
|
Jun-09 |
International Accounting Standards Board |
Revenue Recognition |
|
Jun-09 |
International Accounting Standards Board |
Derecognition |
|
Jun-09 |
International Accounting Standards Board |
Leases |
|
Apr-09 |
Financial Services Authority |
Short-selling |
|
Apr-09 |
International Accounting Standards Board |
Financial Statements |
|
Mar-09 |
Financial Statements |
||
Feb-09 |
FSA (CP 08/25): The approved persons regime – significant influence function review |
Financial Services Authority |
Approved Persons Regime |
Jan-09 |
International Accounting Standards Board |
Debt |
|
Dec-08 |
International Accounting Standards Board |
Financial Instruments |
|
Aug-08 |
Financial Services Authority |
Liquidity |
|
Aug-08 |
International Accounting Standards Board |
Financial Instruments |
|
Jul-08 |
Financial Services Authority |
Short-selling |
|
Jun-08 |
International Accounting Standards Board |
Pensions |
|
Mar-08 |
Financial Services Authority |
Listings Regime |
|
Feb-08 |
Financial Services Authority |
Contracts for Difference |
|
Nov-07 |
Hedge Fund Working Group |
Hedge Fund |
|
Sep-07 |
Equities |
||
Sep-07 |
Walker Working Group |
Private Equity |
|
Jul-07 |
National Occupational Standards for Wholesale Securities and Derivatives Distribution |
Financial Services Skills Council |
National Occupational Standards |
Jun-07 |
IFRS |
Earnings |
|
Jun-07 |
International Accounting Standards Board |
Financial Statements |
|
Apr-07 |
Financial Services Authority |
Training & Competence |
|
Dec-05 |
FSA (DP 05/5): Trading Transparency in the UK Secondary Bond Markets |
Financial Services Authority |
Bonds |
Nov-05 |
Department of Trade & Industry |
IFRS |
|
Sep-05 |
Financial Services Authority |
FSA Handbook |
|
Sep-05 |
International Accounting Standards Board |
Comprehensive Income |
|
Sep-05 |
International Accounting Standards Board |
IFRS |
|
Jul-05 |
National Association of Pension Funds |
Pensions |
|
May-05 |
Pensions Regulator |
Trustee |
|
Feb-05 |
Reporting Exposure Draft, Reporting Standard 1: Operating and Financial Review |
International Accounting Standards Board |
Operating & Financial Review |
Feb-05 |
International Accounting Standards Board |
IASC |
|
Oct-04 |
Financial Services Authority |
FRED |
|
Sep-04 |
Actuarial |
||
Aug-04 |
Regulations on the Operating and Financial Review and Directors Report |
Department of Trade & Industry |
Operating & Financial Review |
Aug-04 |
Department of Trade & Industry |
IAS |
|
Jan-04 |
Financial Services Authority |
Listings Regime |
|
Dec-03 |
FSA (CP 205): Conflicts of Interest – Investment Research and Issues of Securities |
Financial Services Authority |
Conflicts of Interest |
Nov-03 |
Financial Analysts: Best Practices in an Integrated European Financial Market |
Financial Analysts |
|
Nov-03 |
Financial Services Authority |
Ethical Framework |
|
Sep-03 |
Financial Services Authority |
Bundling & Softing |
|
Apr-03 |
FSA (CP 171): Conflicts of Interest – Investment Research and Issues of Securities |
Financial Services Authority |
Conflicts of Interest |
Nov-02 |
FSA (DP 15): Investment Research – Conflicts and Other Issues |
Financial Services Authority |
Investment Research |
Sep-02 |
Objectivity Standards |
||
Aug-02 |
Review of the Role and Effectiveness of Non-Executive Directors |
Non-Executive Directors |
|
Aug-02 |
International Accounting Standards Board |
FRED |
|
Aug-02 |
International Accounting Standards Board |
FRED |
|
Aug-02 |
International Accounting Standards Board |
FRED |
|
Aug-02 |
International Accounting Standards Board |
FRED |
|
Aug-02 |
International Accounting Standards Board |
FRED |
|
Aug-02 |
International Accounting Standards Board |
FRED |
|
Jul-02 |
Financial Services Authority |
Investment Schemes |