AREF News

Click here for details about the work by regulators and governments on ensuring good governance by ESG ratings and data products providers.

The Government are implementing a Building Safety Levy. Click here for more details.

In March 2025, the FCA and PRA confirmed that they are not taking their work on diversity and inclusion in the financial sector any further. More details about this can be found here.

Find out more here about the FCA's Sustainability Disclosure Requirements (SDR) and investment labels regime.

RICS have published a survey to understand how the UK VPS 3 valuation standards, within their 2023 edition of the UK National Supplement to the Global Red Book, are impacting stakeholders and to provide insight into the future direction of RICS. A link to the survey and more about the UK National Supplement can be found here.

Click here to learn more about regulation and guidance in relation to the Long-Term Asset Fund (LTAF) and read about AREF's event looking at the future of the LTAF. The model LTAF Instrument of Incorporation and model LTAF Co-Ownership Deed for ACS can be found here too.

AREF has responded to the Financial Reporting Council's consultation on significant updates to the UK Stewardship Code.

The Law Commission are reviewing Part 2 of the Landlord and Tenant Act 1954 with a view to modernise commercial leasehold legislation. AREF has responded to their initial consultation on this which considers the right to renew business tenancies.

AREF has responded to IOSCO's consultation on Revised Recommendations for Liquidity Risk Management for Collective Investment Schemes.

AREF has submitted a response to HM Treasury consultation on a UK Green Taxonomy. More details can be found here.

TNFD has published the sector guidance - Engineering, construction and real estate.  More details can be found here.

The reporting principles in the paper on ESG Metrics for Real Estate have been updated in January 2025.

Find out more about the policy work being undertaken by governments, regulators and standard setting bodies in relation to sustainable finance and climate-related disclosures.

The UK Government are undertaking a Pensions Investment Review focusing on DC workplace schemes and Local Government Pension Schemes. They published an interim report in November 2024. AREF's responses to a call for evidence and consultations relating to this review can be found here.

The FCA are consulting on a new product information regime to help consumers understand the investment products they are buying, while giving firms flexibility to innovate. Find out more here.

Click here to see AREF's responses to the UK Government's Green Paper on their Industrial Strategy for the next 10 years and HM Treasury's Call for Evidence for the Government's Financial Services Growth & Competitiveness Strategy.