IEA calls for UK to set up regulatory framework to replace UCITS

UK should develop its own authorised retail investment scheme

Beth Brearley
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UK-registered UCITS funds can no longer be called UCITS post-Brexit
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UK-registered UCITS funds can no longer be called UCITS post-Brexit

The Institute of Economic Affairs (IEA) has called for the UK to set up a regulatory framework to replace UCITS and encourage EU-domiciled funds managed from London to move their domicile out of the EU post Brexit.

In a recent report on financial services regulation post Brexit, authors Shanker Singham and Catherine McBride suggested the UK should develop its own authorised retail investment scheme that could replace...

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