General

We at ISC noted with interest the contents of the Dear CEO letter issued by the FCA on 1st March 2024. It recognised that 2023 was a difficult year for the industry in raising/maintaining assets, and that many firms had to indulge in cost-cutting and consolidation, whilst at the same time having to cope with new opportunities and increased regulation

Despite what some may think, UK and EU regulators are fully aware of the challenges posed by regulatory divergence in the asset management space following the UK’s departure from the EU and have been taking various measures to address these issues. The challenge is that divergence both in the rules themselves, and the timeframes for implementation will cause additional burden to asset managers running cross-border operations. At present, this is most evident between the EU and the UK, but

For a number of the asset managers we talk to, there are questions around the FCA’s SDR fund/product labels, as detailed in their PS23/16 SDR paper issued in November 2023. We at ISC are encountering continued debate around the topic, including inconsistencies in interpretation, which are leading to asset managers being reluctant to pin a particular label to a given fund/product

In an exciting joint business venture, ISC and Orbit Financial Technology would like to draw your attention to the attached press release, which details our new AI powered Regulatory Horizon Scanning Service

A rapidly changing asset management landscape demands fast and reliable product change

We are observing in our industry a growing discussion around sustainable investment. This topical conversation has its own language, and we at ISC would like to share our understanding of it….

The asset management sector anticipates a surge in future regulations, leading to heightened change demands. The distinction between discretionary change and regulatory change underscores the need for dedicated teams, offering a strategic advantage. ISC can help you…..

ISC recently hosted an insightful session on US T+1

We explore the concept of the Long Term Asset Fund, or LTAF. You will discover what an LTAF is, why it was introduced, and who its intended audience is.

If you are considering launching an LTAF, ISC is your ideal partner. With our wealth of experience in launching private asset funds, we are well-equipped to oversee the design and delivery of new authorised fund types.

In these days of increased regulatory scrutiny over the asset management industry, with all the protections around customers of investment staff, is it any wonder that firms are turning their attention to risks and controls within their front office controls operations?