FCA to Replace EU Rules with UK-Specific Regulations for the £12 Trillion Asset Management Sector

UK to ease regulatory burden on smaller hedge funds and PE firms

The UK government is set to unveil sweeping changes to its regulatory framework for hedge funds and private equity firms, proposing a new lighter-touch regime for managers with less than £5bn in assets under management rather than the £100m threshold currently, according to a report by the Financial Times. The proposed reforms, to be announced by the Treasury and open to industry consultation in partnership with the Financial Conduct Authority (…

NASAA adopts 'best interest' in model rule

Group's conduct rule adds Reg BI, misleading title, provisions The post NASAA adopts ‘best interest’ in model rule appeared first on Investment Executive.

PRA consultation aims to help insurers accelerate investment in UK

The Prudential Regulatory Authority (PRA) has launched a consultation to help insurers accelerate investment in the United Kingdom. In its consultation paper the PRA proposes rules to reform the Matching Adjustment (MA) application process by introducing a new Matching Adjustment Investment Accelerator (MAIA) permission. The proposals for a MAIA look to reduce barriers that currently slow down investment decisions for insurance firms. By introdu…

UK’s FCA proposes overhaul of alternative asset management regime

The UK’s Financial Conduct Authority (FCA) has proposed changes to its regulatory framework for alternative asset managers. These proposed changes aim to facilitate market entry, promote growth, enhance competition, and encourage innovation within the sector. The new regime is set to be “more streamlined and proportionate”, to aid firms’ operations on a global scale while maintaining effective risk management practices. Currently, UK asset manag…

FCA vows to help ‘bring innovative products to market faster’ – Mortgage Strategy

The Financial Conduct Authority says it will help “bring innovative products and services to market faster” over the year ahead. The UK’s largest regulator is beginning the first year of its new five-year plan, which comes as the government is pressuring all of the UK’s watchdogs to cut red tape to allow firms to grow. The FCA says that every firm that uses its regulatory sandbox, to test new products will be assigned an authorisation case offic…

3i Infrastructure PLC (3IN.L): A 27% Potential Upside in the Asset Management Sector

As the financial landscape increasingly favours infrastructure investments, 3i Infrastructure PLC (3IN.L) stands out with its promising potential upside of 27.32%. This UK-based asset management company, with a market cap of $2.84 billion, specialises in infrastructure investments, spanning sectors from utilities to low-risk energy projects. An examination of its financials and strategic positioning reveals a compelling narrative for individual …