FCA faces legal action over approval of prospectus from Cambo field operator

Cecilia Keating
clock • 3 min read
Credit: iStock
Image:

Credit: iStock

ClientEarth agues regulator failed in its 'fundamental function' to protect investors when it 'waved through' prospectus that did not meet legal climate risk reporting requirements

The UK's financial regulator has been hit with a legal challenge over its decision to approve the prospectus documents of an oil and gas company that allegedly failed to meet a legal requirement on climate-related...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Policy

WWF: Climate policies can cut bills, lift people out of fuel poverty, and drive growth

WWF: Climate policies can cut bills, lift people out of fuel poverty, and drive growth

Report set outs package of reforms to remove policy costs from electricity bills, offer renters access to clean energy, and incentivise sustainable farming

Stuart Stone
clock 25 August 2026 • 5 min read
Government to give Mayors greater power over planning decisions

Government to give Mayors greater power over planning decisions

Mayors across England to be given authority to 'call in' local council planning decisions, in latest move designed to green light more housing and infrastructure projects

James Murray
clock 24 August 2026 • 2 min read
Government urged to develop new roadmap to 'defossilise' UK economy

Government urged to develop new roadmap to 'defossilise' UK economy

Experts argue that regardless of decision on controversial North Sea drilling projects, the government should develop a clearer roadmap for the UK's transition away from fossil fuels

James Murray
clock 21 August 2026 • 4 min read