FCA finalises changes to UK PRIIPs regime
In July 2021, the FCA consulted (in CP21/23) on proposals to address the most serious and persistent concerns regarding the onshored PRIIPs regulation.
FCA Custody and Fund Services Supervision Strategy
The FCA have published a letter outlining the key risks that custody and fund services firms need to manage in order to protect investors and the integrity of the markets in which they operate. In the letter, the FCA outline the necessary action they expect firms to take to ensure that risks are appropriately mitigated.
Challenges facing ManCos – more regulations, more regulatory change, and more scrutiny than ever before (Part 1)
The pressure is rising on the ManCo industry – Management Companies (ManCos) are dealing with more regulations, and more regulatory change than ever before. This constant churning of regulatory change, coupled with increased scrutiny from regulators has led to a complex, pressured regulatory environment. However, this increased scrutiny is not the only challenge facing Mancos!
What is ManCoTech?
You’ve heard of FinTech, you’ve heard of RegTech, but have you heard of ManCoTech? It’s the latest “buzzword” in the European investment and compliance community. So what exactly is ManCoTech and why is it gaining such prominence?
Ouch! FCA delivers another blow to AFMs with Assessment of Value review
Last week the FCA published the results of their review on ‘host’ Authorised Fund Management firms’ which concluded with the FCA wanting to see “significant improvements” with many currently failing to meet the FCA standards. This week, the FCA have issued their findings on the review of AFMs Assessment of Value reports. Unfortunately, this review does not provide any easier reading and delivers another huge blow to the industry.
FCA Review of Host AFMs
On 30th June, the Financial Conduct Authority (FCA) published a review of Host Authorised Fund Management Firms. The review, which was carried out between Q4 2019 to Q4 2020.
Regulatory Round-up: January 2021
Welcome to the first monthly regulatory round-up of 2021. Each month we will be summarising the key announcements and regulatory developments impacting the fund industry. The past month brought developments on a range of issues, from updated FAQs and guidelines impacting UCITS and AIFMs, to consultations…
Regulatory Round-up: September 2020
The big month of liquidity finally arrived where we saw a number of liquidity developments come to fruition at the end of the month, including: ESMA’s new guidelines on liquidity…