April – Autism Awareness Month

Here at ISC, some members of our team have children on the autistic spectrum, and we (as a company) recognise the challenges that this can bring. ASD (autism spectrum disorder) is a lifelong condition that is being increasingly diagnosed in modern society. April is autism awareness month, so as a salute to those on the autistic spectrum

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Dear CEO Letter 1st March 2024 – Change Management

We at ISC noted with interest the contents of the Dear CEO letter issued by the FCA on 1st March 2024. The over-riding theme of the letter was around their Asset Management & Alternatives Supervisory Strategy, and it contained detail around a number of topics. It also 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, whils

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ISC Regulatory Change Forum

We are excited to share the success of ISC’s latest Regulatory Change Forum, where Jonathan Boswell and Patrick Ralison FCCA, MSc. presented our horizon scanning and delved into crucial discussion on the evolving regulatory landscape

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Dear CEO Letter 1st March 2024 – Assessments of Value and Consumer Duty

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

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Fragmentation & Complexity of UK/EU Regulatory Divergence in Asset Management

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

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ESG Fund Labelling under SDR – What do the labels mean?

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

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