UK financial regulators will likely have to take into account the impact of climate change on the firms they supervise when making rules, junior economy minister John Glen told a committee of lawmakers today. The government plans “in due course” to update the policy expectations that the finance ministry
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Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.