UK rules for asset managers to be streamlined under FCA proposals
( July 14, 2026, 11:52 GMT | Official Statement) -- MLex Summary: Asset managers would see streamlined UK rules under plans by the financial markets regulator now out for consultation. The Financial Conduct Authority estimates its proposals would cut regulatory costs by £128 million a year by improving the quality of supervisory data under a more proportionate framework. The reforms would simplify the Fund Reporting for Asset Management Entities and modernize rules related to the Alternative Investment Fund Managers Directive from 2013. They would also replace overlapping remuneration codes for FCA-authorized firms with a single framework. The regulator invites feedback to three consultations; Sep. 16 is the earliest deadline.Statement follows. The consultation papers are attached....
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