New report offers path to rebuild public trust in financial markets, and will ‘echo around the world’
The UK Sustainable Investment and Finance Association (UKSIF) saluted a ‘breakthrough’ report, released today, that could make the UK the “global centre for responsible stewardship”.
The ‘Kay Review of Equity Markets and Long-Term Decision Making’ was led by Professor John Kay and commissioned by the Department for Business, Innovation and Skills. It was tasked with examining the performance of UK equity markets and its final report has recommended a number of measures including regulatory support for fiduciary standards, more effective reporting and enhancements to the UK Stewardship Code.
Read the full press release.