18 September | Online

The FCA have just announced a Prospectus Review. Specifically, we draw your attention to a key section in the FCA’s consultation document – pages 53/4 of CP24-12: Consultation on the new Public Trading Offers and Admissions to the Trading Regulations regime (POATRs) (fca.org.uk).

The ‘two submissions’ referred to in 6.46 are from Carbon Tracker and Client Earth. In our view, this represents an important development because the ideas in these submissions would mean that – if agreed – oil, coal and gas companies would have to explain through a revision to the competent persons reporting regime why they believe the development of their reserves would be consistent with the goals of the Paris Climate Agreement,  not pose a risk to the remaining carbon budget, whilst protecting overall market integrity.

We believe that this development should matter to you as an investor and we therefore wanted to encourage you to respond to the FCA consultation, which has a deadline of 18 October.

This webinar will focus on –

1. What is the consultation is about.
2. Why the current disclosures are inadequate and put investors capital at risk
3. How responding to the consultation can remedy this.
4. How Carbon Tracker and ClientEarth can support you in your response.
5. Answer any questions you may have.

Download the accompanying slide deck. And in the run-up to the webinar, check out our explainer video!