ESG ratings: Proposed approach to regulation

The Payments Association welcomes the opportunity to contribute to the FCA CP 25/34
“ESG ratings: Proposed approach to regulation”.


As The Payments Association’s membership includes a wide range of companies from
across the payments value chain, and diverse viewpoints across all job roles, this response
cannot and does not claim to fully represent the views of all members.


We are grateful to the contributors to this response, which has been drafted by Riccardo
Tordera-Ricchi, our Vice President, Policy & Government Relations with assistance from our
ESG Working Group Lead Charlie Bronks, Crown Agents Bank. We would also like to
express our thanks to the FCA for their continuing openness in these discussions. We hope
it advances our collective efforts to ensure that the UK’s payments industry continues to be
progressive, world-leading and secure, and effective at serving the needs of everyone who
pays and gets paid

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