News & Analysis as of

Asset Management Investment Financial Conduct Authority (FCA)

A&O Shearman

FCA launches IAAT

A&O Shearman on

The UK Financial Conduct Authority (FCA) has launched the investment advice assessment tool (IAAT) to help personal investment firms assess the suitability of their investment advice and disclosures to consumers (excluding...more

Proskauer - Regulatory & Compliance

Crack the Code: A guide to the UK Stewardship Code 2026

On 3 June 2025, the Financial Reporting Council (“FRC”) published its new UK Stewardship Code 2026 (the “Code”). The voluntary Code applies to asset managers, asset owners and services providers with the aim of providing...more

A&O Shearman

How will the FCA support economic growth?

A&O Shearman on

The UK Financial Conduct Authority (FCA) has unveiled its ambitious strategy for 2025-2030, with growth identified as a cornerstone of its forward-looking approach. This theme permeates the entire strategy and is one of only...more

Skadden, Arps, Slate, Meagher & Flom LLP

FCA ‘Dear CEO’ Letter to the Asset Management and Alternatives Sector

In February 2025, Camille Blackburn, director at the Financial Conduct Authority (FCA), set out the FCA’s current supervisory priorities for the asset management and alternatives sector (Sector) in a “Dear CEO”...more

Cadwalader, Wickersham & Taft LLP

The UK Relaxes Its Requirements Around Payment for Investment Research

In Policy Statement PS24/9 on Payment Optionality for Investment Research, the UK’s Financial Conduct Authority ("FCA") has set out its final rules on allowing payments for research to once again be ‘bundled’ (i.e. made...more

Mayer Brown Free Writings + Perspectives

Investment Research

During his remarks at a meeting of the International Bar Association’s Asset Management Industry Conference on Global Challenges and Opportunities in Boston, Commissioner Uyeda commented on investment research and the...more

Proskauer Rose LLP

Regulation Round Up - May 2024

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Key developments in May 2024: ESG: The Financial Conduct Authority (“FCA”) updated its webpage on the sustainability disclosure requirements (“SDR”) and investments labelling regime. Among other things, the webpage has been...more

Proskauer - Regulatory & Compliance

FCA Sustainability Disclosure Requirements Consultation Paper on the Extension to Portfolio Managers now published

The Financial Conduct Authority (the “FCA”) on 23 April 2024 has published its Consultation Paper CP24/8 (the “CP”) on the extension of its Sustainability Disclosure Requirements (“SDR”) to portfolio managers. This follows...more

Proskauer Rose LLP

The Future of Asset Management Regulation – The FCA’s Post-Brexit Review

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Background On 20 February 2023, the United Kingdom’s Financial Conduct Authority (“FCA”) published a discussion paper (DP23/2) on updating and improving the UK regime for asset management (the “Discussion Paper”). As part...more

Cadwalader, Wickersham & Taft LLP

What's Next for the UK and the EU?

As we make the transition from 2022 to 2023, this is a good time to look ahead to developments in the UK and the EU that will likely impact the financial services industry. Here are some observations....more

K2 Integrity

ESG Certification: Assisting in Mitigating Greenwashing for Investors, Managers, Funds and Regulators

K2 Integrity on

There have been numerous positive developments in the evolution of ESG investing. Still, the research needed to assess which investments are truly ESG-compliant and which are tantamount to greenwashing is burdensome...more

Proskauer Rose LLP

FCA calls for views on classification of sustainable investment products and new sustainability disclosure requirements for asset...

Proskauer Rose LLP on

Yesterday, the UK Financial Conduct Authority (“FCA”) published a discussion paper (DP21/4) (the “Discussion Paper”) seeking initial views on new sustainability disclosure requirements for asset managers and FCA-regulated...more

Hogan Lovells

Funds and asset management regulatory news, May 2021

Hogan Lovells on

Financial Services and Markets Act 2000 (Collective Investment Schemes) (Amendment) Order 2021 - The Financial Services and Markets Act 2000 (Collective Investment Schemes) (Amendment) Order 2021 (SI 2021/566) has been...more

BCLP

FCA consults on a new category of UK authorised open-ended fund to invest in illiquid assets: the Long Term Asset Fund (LTAF)

BCLP on

The FCA has launched its consultation (the Consultation), open for feedback until 25 June 2021, on a new category of authorised fund vehicle designed to accommodate investment in illiquid assets, the Long Term Asset Fund...more

Cohen & Gresser LLP

Second Chances? What the Neil Woodford Matter Tells Us about the FCA Fit & Proper Test

Cohen & Gresser LLP on

Introduction - On 14 February 2021, Neil Woodford (a high-profile investment manager in the UK) announced his intention to launch a new fund management firm operated out of the UK and Jersey. Woodford’s announcement was...more

Hogan Lovells

Funds and asset management regulatory news, August 2020 #2

Hogan Lovells on

Liquidity mismatch in authorised open-ended property funds: FCA CP20/15 - The UK Financial Conduct Authority (FCA) is consulting, in CP20/15, on liquidity mismatch in authorised open-ended property funds....more

Skadden, Arps, Slate, Meagher & Flom LLP

The FCA’s First Antitrust Decision: “When Market Chatter Becomes Collusion”

Financial Conduct Authority (FCA) officials who were involved in the FCA’s first competition decision, Anti-Competitive Conduct in the Asset Management Sector, shared their views on the case at a Skadden-moderated Q&A session...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Financial Conduct Authority’s First Antitrust Penalty: Sharing Pricing Intentions on IPOs or Share Placements With Rival Asset...

The U.K. Financial Conduct Authority (FCA) has issued its first antitrust decision since obtaining competition law powers four years ago. The decision is a controversial one....more

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