Karis

On 3 December 2023, the International Organization of Securities Commissions (IOSCO) issued a consultation report which provides a general overview of the carbon credits ecosystem and outlines a proposed set of good practices to promote the integrity and orderly functioning of voluntary carbon markets. The 21 good practices relate to regulatory frameworks, primary

On 4 December 2023, the FCA published a new webpage setting out its expectations under the Consumer Duty for firms offering fractional shares to retail investors.

The publication follows HM Treasury’s recent announcement of its plan to allow certain fractional share contracts as ISA investments and engagement with stakeholders on implementing this. The FCA notes