FCA to consult on amending regimes for alternative fund managers and retail funds

Speaking at the Investment Association's annual dinner on Wednesday (11 October), chair Ashley Alder laid out the regulator's three main priorities for reform on the back of feedback received on its discussion paper for a post-Brexit UK asset management regime. These include making the regime for alternative fund managers more proportionate, updating the regime for retail funds and supporting technological innovation.  For alternative fund managers, the chair said the FCA had received calls from the industry to retain the core framework of the Alternative Investment Fund Managers Dire...