The Treasury (HMT) launched a consultation and the Financial Conduct Authority (FCA) published a call for input in April 2025 kick-starting a review of the UK’s regulatory regime for Alternative Investment Fund Managers...more
5/23/2025
/ EU ,
Financial Conduct Authority (FCA) ,
Financial Regulatory Reform ,
HM Treasury ,
Investment Funds ,
Investment Management ,
Private Equity ,
Proposed Legislation ,
Regulatory Reform ,
Regulatory Requirements ,
UK
AIFMD II introduces substantial changes to the EU-wide regulatory framework for alternative investment fund managers (“AIFMs”) that was established under AIFMD. The changes cover a wide range of areas but will have a...more
The FCA, PRA, and Bank of England have published their finalised critical third party (CTP) rules (and accompanying guidance) in PS24/16 Operational resilience: Critical third parties to the UK financial sector....more
11/25/2024
/ Bank of England ,
Compliance ,
Consultation ,
Final Rules ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Services Industry ,
HM Treasury ,
Prudential Regulation Authority (PRA) ,
Regulatory Requirements ,
Supply Chain ,
Technology ,
Technology Sector ,
Third-Party ,
Third-Party Risk ,
Third-Party Service Provider ,
UK
Long IT sub-contracting chains can make it hard for financial institutions to understand the vulnerabilities in their IT estate and the location of key functions (where these may be located in entities who do not have a...more
9/23/2024
/ Bank of England ,
Compliance ,
Compliance Dates ,
Cybersecurity ,
EU ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
Financial Institutions ,
Financial Markets ,
Financial Services Industry ,
Implementing Technical Standards (ITS) ,
Information Technology ,
Prudential Regulation Authority (PRA) ,
Regulatory Oversight ,
Regulatory Requirements ,
Risk Management ,
Technology ,
Third-Party Service Provider ,
UK
The much-promised financial promotions gateway has now become law. The UK financial promotions regime is undergoing a large amount of change at the moment, which we discussed previously....more
At our recent Funds First webinar we shared some technical and market issues and updates on a selection of key developments of impact for real estate funds. Our discussion covered the Long Term Asset Fund (LTAF) , the...more
9/27/2021
/ AIFM ,
Asset Management ,
Climate Change ,
Environmental Social & Governance (ESG) ,
EU ,
Financial Conduct Authority (FCA) ,
Investment Funds ,
Regulatory Requirements ,
REIT ,
Sustainable Business Practices ,
Sustainable Finance ,
Task Force on Climate-related Financial Disclosures (TCFD) ,
UK