An avalanche of new rules is on its way

Tony Stenning, head of UK retail at BlackRock, looks at the surge of new legislation set to hit UK investors.

The European asset management industry is about to become the subject of an unprecedented amount of new legislation, primarily as a result of the financial crisis in 2008, with significant impact on the UK investor. With this avalanche on the way, the UK investor community needs to be aware of the timing of these developments and understand their possible impact over the coming years. Since the beginning of the financial crisis, the European Commission, European Council and European Parliament have taken urgent action to attempt to safeguard the stability of the financial system.  They h...