(1) FSMA 2000 is amended as follows.
(2) After section 416 insert -
"Sustainability disclosure requirements
(1) The Treasury may prepare an SDR policy statement.
(2) An "SDR policy statement" is a statement of the policies of His Majesty's Government concerning disclosure requirements in connection with matters relating to sustainability.
(3) In preparing an SDR policy statement, the Treasury must consult the regulators.
(4) The Treasury must publish any SDR policy statement in such manner as they consider appropriate.
(5) The Treasury -
(a) must keep any SDR policy statement under review;
(b) may prepare a revised statement (and subsections (3) and (4) apply in relation to any revised statement);
(c) may withdraw any SDR policy statement.
(6) The Treasury may request a regulator to provide them with a report on any matter that the Treasury require in connection with the preparation of an SDR policy statement.
(7) A request for a report under subsection (6)
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