The FCA Press Release can be found here FCA Press release
The FRF Review covers changes that:
- Add to their objectives and regulatory principles.
- Build on existing accountability arrangements, improve scrutiny of our activities, and strengthen stakeholder engagement.
- Give powers to the Treasury and financial regulators to create a framework where the expert and independent regulators have greater responsibility for setting regulatory requirements that apply to firms.
There is a current discussion paper open – which closes on 22/05/2023 – DP23/2 – which can be found here FCA: DP23/2
Who this is for
You should read this if you are interested in the future of the UK fund and asset management industry. It may be of interest to:
- Authorised fund managers
- Alternative investment fund managers
- Portfolio managers, including portfolio managers providing services to both professional and retail clients
- Depositaries of authorised funds or alternative investment funds
- Investment platform providers
- Financial advisers
- Investment consultants or professional investment advisers
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