Key Points - The Fund Manager Code of Conduct will be amended to require fund managers managing collective investment schemes to take climate-related risks into consideration in their investment and risk management processes and make appropriate disclosures to investors. The SFC adopts a two-tier approach, namely (i) baseline requirements for Fund Managers (as defined below) and (ii) enhanced standards for Large Fund Managers (as defined below)....By: Akin Gump Strauss Hauer & Feld LLP.