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UK asset managers see private markets, consumer protection among FCA’s priorities

( February 26, 2025, 15:05 GMT | Official Statement) -- MLex Summary: Asset managers in the UK have received a letter outlining the Financial Conduct Authority's priorities for 2025, including increasing investment in private markets, improving firms' resilience, and offering suitable products to retail investors. The watchdog is also planning a review of the Alternative Investment Fund Managers Directive, to streamline regulatory requirements and collect data that is both proportionate to the FCA's supervisory needs and cost-effective for firms.Letter is attached....

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