FCA Asset Management Market Study: What next?
On 05 April 2018, the FCA published a Policy Statement (PS18/8)
which implements the first set of remedies in respect of the Asset Management Market Study. We have answered frequently asked client queries and produced a summary note which provides high level guidance on the FCA’s Policy Statement (PS18/8).
Client call and Frequently Asked Questions
On 17 April we hosted a successful client call in relation to the FCA’s Policy Statement (PS18/8) and Consultation Paper (CP18/9). Please click here for a recording of the call. We received a number of a number of queries from clients and have produced a Frequently Asked Questions document to assist.
If you wish to discuss any of these points in further detail, please contact the team above.
Summary note: Policy Statement (PS18/8)
We have produced a summary note which provides high level guidance on the FCA’s Policy Statement (PS18/8). This note is designed to provide your teams with a “cheat sheet” of the main regulatory changes, the new COLL rules and the implementation timelines.
Consultation Paper (CP18/9)
The FCA’s Consultation Paper (CP18/9) proposes a number of changes in respect of the information provided to investors on fund objectives and the use of benchmarks. The deadline for responses is 05 July 2018. Simmons & Simmons will be submitting a response to the Consultation Paper.
If you would like to discuss the Consultation Paper or provide us with your views on these proposals, please contact Mahrie Webb.
This document (and any information accessed through links in this document) is provided for information purposes only and does not constitute legal advice. Professional legal advice should be obtained before taking or refraining from any action as a result of the contents of this document.
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