FCA Eyes 90-Day Redemption Rule on Illiquid Funds to End Mass Withdrawals

FCA eyes 90-day redemption rule on illiquid funds to end mass withdrawals

The UK’s financial watchdog has proposed changes to retail investment fund rules in a bid to reduce the risk of rushed asset sales during market volatility. The Financial Conduct Authority (FCA) floated a minimum 90-day notice period for investors withdrawing from long-term investment funds holding illiquid assets such as infrastructure and private equity, in its [...]

UK watchdog proposes 90-day redemption notice period for illiquid assets

Britain's finance watchdog on Thursday proposed that investors holding illiquid ​assets such as property must ‌give 90 days' notice to their asset managers to withdraw money, in a ​move designed to reduce the ​risk of rushed asset sales that ⁠can harm markets.

UK's FCA proposes 90-day notice period on illiquid assets to curb fund suspensions

Britain’s Financial Conduct Authority has proposed a mandatory 90-day notice period for investors withdrawing money from open-ended funds holding inherently illiquid assets, such as property...

FCA publishes consultation paper on fair redemption terms for authorised funds investing in illiquid assets

On 8 October 2026, the Financial Conduct Authority (FCA) published a consultation paper in relation to fair redemption terms for authorised funds investing in illiquid assets (CP26/35). Background The FCA sets out that it has worked with the International Organization of Securities Commissions and the Financial Stability Board to develop new international standards for managing […]

FCA proposes 90-day notice period for illiquid retail funds

The FCA has proposed a minimum 90-day notice period for investors withdrawing money from property and other illiquid retail funds.

FCA proposes 90-day redemption notice for UK funds holding illiquid assets

Consultation seeks clearer redemption terms for property and infrastructure funds, with responses invited until 11 December 2026 IN BRIEFKEY TAKEAWAYSFAQs The UK Financial Conduct Authority has proposed a minimum 90-day redemption notice period for authorised funds holding inherently illiquid assets … Read the full press release →