General

There are many aspects of the build and delivery of a Fund for launch, both operational and technical. All these aspects should be identified during the requirement gathering with the Client and Product Development teams. However

In July 2022, the FCA set out the final rules and guidance for a new Consumer Duty that will set higher and clearer standards of consumer protection across financial services.
 
The FCA proposed different responsibilities for firms classed as the manufacturer or distributor of a product or service.

Working on Client requirements for a new fund then taking these requirements to the Business can often throw up complexities in unexpected ways. Every fund is different, and we often see the detailed requirements gathered from the

ISC Regulatory Horizon Scanning for 2023 (& 2024) ISC has reviewed the regulatory horizon for 2023, (but also with an eye on what is coming in 2024), for the UK and European Investment Management industry. The key items of concern for the majority of managers are set out in the diagram below. At a high…

Back in November 2022, we posted a brief article on SDR vs. SFDR fund classifications, how they will differ going forward, and the outline considerations to be made when determining how funds/products will be classified

A hefty chunk of the work done by Retail Product Teams in Asset Managers is the ongoing cycle of Prospectus updates. The juggling of changing regulation, updates to corporate structures and personnel, and clarifications on wording all

In the wake of the UK leaving the EU, the UK’s Brexit Freedoms Bill introduced powers to make it easier to amend retained EU regulations. This, coupled with the UK and the EU both now taking their own direction on financial regulation moving forward means that divergence between the UK and the EU is increasing. This brings into focus that asset

With Consumer Duty uppermost in the consciousness of Investment Managers, and how it affects their organisations, we look at the main points of the cross-cutting rules outlined

In our previous post discussing the SDR sustainable labelling (21st November, SFDR vs SDR Sustainable Fund Classifications – Mapping the Differences

With UK/EU regulatory divergence a key theme now, and with the existing SFDR classifications and the new SDR product labels