UK Regulatory Change

Overview:

Following the UK's exit from the European Union at the end of 2019, Her Majesty's Treasury, the Financial Conduct Authority, the Bank of England and other UK government departments have been undertaking a series of reviews to help guide the future of UK regulatory change for firms, including asset managers.

AIMA’s recent work in the UK has focused on changes to the prudential regime for investment firms, proposed chanes to the MiFID requirements, the review of the anti-money laundering requirements, the Overseas Fund Regime and the general changes to how HMT and FCA intend to conduct their regulatory and supervisory work.