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Investment Funds Distribution Rules

Goodwin

The FCA’s Final Rules For LTAFs: Distribution To Mass Market Retail Investors

Goodwin on

Following its August 2022 consultation on the broader retail distribution of interests in a Long Term Asset Fund (LTAF), the FCA published its Policy Statement PS23/7 including final Handbook rules on 29 June 2023....more

BCLP

FCA finalises its rulebook for the new UK authorised open-ended fund to invest in illiquid assets: the Long Term Asset Fund (LTAF)

BCLP on

The FCA’s Policy Statement published on 25 October 2021 provides feedback to its May 2021 consultation (the Consultation) and sets out the final rules and guidance for the new authorised open-ended fund regime to invest in...more

BCLP

Promoting UK funds - potential reform of the UK REIT regime

BCLP on

As part of an initiative to promote UK funds the government is consulting on changes to the UK REIT regime. These changes are intended to make the UK REIT regime more attractive and simpler....more

Dechert LLP

COVID-19 Coronavirus Business Impact: Preserving Fund Liquidity – Practical Guidance for Managing Distributions

Dechert LLP on

Key Takeaways - Registered closed-end funds and business development companies should reassess their distribution policies if they are in need of liquidity. - As part of that reassessment, funds should consider paying...more

Dechert LLP

Investment Funds Update – Europe: Legal and regulatory updates for the funds industry from the key asset management centres and...

Dechert LLP on

Implementation of AMF position 2019-03 on "certain aspects of the MiFID II adequacy requirements" - The AMF position DOC-2019-03 incorporates the ESMA guidance on "certain aspects of the MiFID II adequacy requirements"...more

Dechert LLP

UK Asset Management Regulatory Roundup - March 2018 - Issue 6

Dechert LLP on

A compact summary of the most recent regulatory developments relevant to the UK asset management industry. This issue includes details of the FCA’s approach to authorisation; action taken on closet tracking funds; proposed EU...more

Dechert LLP

Financial Services Quarterly Report - Second Quarter 2015: Is the Long Wait Worth it? European Long-Term Investment Funds (ELTIFs)...

Dechert LLP on

The long-awaited European regulation on European long-term investment funds (ELTIF Regulation) was finally published in the Official Journal of the EU on May 19, 2015. The ELTIF Regulation will offer fund managers a new label...more

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