The text of the Directive amending the Alternative Investment Fund Managers Directive (AIFMD) (AIFMD II) was published on 26 March 2024 and will enter into force on 15 April 2024.
AIFMD II introduces, among other changes,...more
The Covid-19 pandemic and resulting government lockdowns have brought intense volatility both to financial markets and the real economy, and a sharp return of challenges that confronted asset managers in the Global Financial...more
On 26 July 2017, the FCA published its much-anticipated consultation paper on the extension of the Senior Managers and Certification Regime (SMCR) to FCA-only authorised firms. We have set out below our initial thoughts on...more
The Financial Conduct Authority (FCA) published the Terms of Reference for its asset management market study on 18 November 2015. The study follows a wider review of competition in the wholesale sector launched in July 2014....more