FSA leans towards single listing regime

clock

The FSA is leaning towards adopt a single listing regime for all UK and overseas closed-ended invest...

The FSA is leaning towards adopt a single listing regime for all UK and overseas closed-ended investment funds, following feedback on initial proposals. Hector Sants, FSA wholesale managing director, said the authority had been persuaded by review responses indicating a preference for a single regime. The initial consultation suggested a dual regime, with less stringent rules for overseas companies. “There were a large number of responses to the consultation with general agreement on the objective of making the UK regime more attractive to less traditional funds," added Sants. A con...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Equities

Pictet AM launches AI-backed global equity fund

Pictet AM launches AI-backed global equity fund

Using AI for stock selection

clock 18 April 2024 • 1 min read
Robeco to launch equity and credit 'transition investing' funds

Robeco to launch equity and credit 'transition investing' funds

Emerging markets and Asia

clock 15 April 2024 • 2 min read
GB ISA panel: Success for UK equities will be in the details

GB ISA panel: Success for UK equities will be in the details

Video roundtable

Cristian Angeloni
clock 04 April 2024 • 1 min read
Trustpilot