-
Sep 10, 2024 | 
mondaq.com | Emily Batchelor |Lora Froud
The FCA has published a statement today allowing temporary flexibility up until 5pm on 2 April 2025 for firms to comply with naming and marketing rules under the Sustainability Disclosure Requirements in exceptional circumstances where the firm: has submitted a completed application for approval of amended disclosures in line with ESG 5.3.2R for that fund by 5pm on 1 October 2024; and is currently using one or more of the terms ‘sustainable', ‘sustainability' or ‘impact' (or a variation of...
-
Sep 9, 2024 | 
lexology.com | Lora Froud |Emily Batchelor
The FCA has published a statement today allowing temporary flexibility up until 5pm on 2 April 2025 for firms to comply with naming and marketing rules under the Sustainability Disclosure Requirements in exceptional circumstances where the firm: has submitted a completed application for approval of amended disclosures in line with ESG 5.3.2R for that fund by 5pm on 1 October 2024; and is currently using one or more of the terms ‘sustainable’, ‘sustainability’ or ‘impact’ (or a variation of...
-
Apr 29, 2024 | 
lexology.com | Lora Froud |Alexandra Green |Michael Sholem |Gavin Haran
Welcome to the latest edition of our investment management update. This publication has been tailored to highlight topical news, cases and changes in the law impacting the investment management sector. UKThe Transition Finance Market Review (TFMR), a government-initiated independent review, has issued a call for evidence on how to make the UK a global hub for transition finance.
-
Feb 5, 2024 | 
lexology.com | Alexandra Green |Lora Froud |Gavin Haran
On 30 January, the Economic Secretary, Bim Afolami, announced that EU UCITS are deemed equivalent to UK UCITS, in regulatory terms. Therefore, managers of EU UCITS will be eligible to apply for recognition under the Overseas Funds Regime (OFR) when the OFR begins.
-
Feb 5, 2024 | 
blog.macfarlanes.com | Alexandra Green |Lora Froud |Gavin Haran
On 30 January, the Economic Secretary, Bim Afolami, announced that EU UCITS are deemed equivalent to UK UCITS, in regulatory terms. Therefore, managers of EU UCITS will be eligible to apply for recognition under the Overseas Funds Regime (OFR) when the OFR begins.
-
Dec 27, 2023 | 
mondaq.com | Lora Froud |Alexandra Green |Michael Sholem |Gavin Haran
Welcome to the latest edition of our investment management
update. This publication has been tailored to highlight topical
news, cases and changes in the law impacting the investment
management sector.
On 30 November 2023, the FCA issued a statement on the
disclosure of costs and charges under PRIIPs, MiFID II and the
UCITS regulations. The FCA will give firms the flexibility
to disclose a breakdown of the aggregated costs that must be
disclosed to retail investors.
-
Dec 12, 2023 | 
mondaq.com | Lora Froud |Emma Garnham |Gavin Haran
On 4 December 2023, the FCA published its consultation (CP23/26) on operationalising the Overseas
Funds Regime ("OFR").
Significantly the consultation does not provide
any further indication as to:
when firms will be able to start using the OFR; or
whether additional regulatory requirements, such as the
requirement to carry out a value for money assessment, will be
imposed on funds using the OFR.
-
Dec 7, 2023 | 
lexology.com | Lora Froud |Emma Garnham |Gavin Haran
On 4 December 2023, the FCA published its consultation (CP23/26) on operationalising the Overseas Funds Regime ("OFR"). Significantly the consultation does not provide any further indication as to:when firms will be able to start using the OFR; orwhether additional regulatory requirements, such as the requirement to carry out a value for money assessment, will be imposed on funds using the OFR.
-
Dec 7, 2023 | 
blog.macfarlanes.com | Lora Froud |Emma Garnham |Gavin Haran
On 4 December 2023, the FCA published its consultation (CP23/26) on operationalising the Overseas Funds Regime ("OFR"). Significantly the consultation does not provide any further indication as to:when firms will be able to start using the OFR; orwhether additional regulatory requirements, such as the requirement to carry out a value for money assessment, will be imposed on funds using the OFR.
-
Nov 27, 2023 | 
mondaq.com | Lora Froud |Alexandra Green |Michael Sholem |Gavin Haran
Welcome to the latest edition of our investment management
update. This publication has been tailored to highlight topical
news, cases and changes in the law impacting the investment
management sector.
On 30 October 2023, the FCA confirmed that it will not remove
the Long-Term Asset Fund (LTAF) from Financial Services
Compensation Scheme (FSCS) protection.
