FCA to allow 'bundling' of investment research payments in regime overhaul

Response to Independent Research Review

Valeria Martinez
clock • 2 min read

The Financial Conduct Authority has proposed a new way for asset managers to pay for investment research, as part of the government’s Edinburgh Reforms.

In a consultation paper published today (10 April), the regulator said the plans aim to give UK buyside firms greater flexibility, by proposing a new regime that would allow the ‘bundling' of payments for third-party research and execution services. This option would exist alongside those already available, such as payment from an asset manager's own resources or from a dedicated account.  The move comes in response to the government-commissioned Independent Research Review, chaired by Rachel Kent, which last summer set out recommendations to improve the investment research market.  ...

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 Regulation

FCA approves Legal & General's first private markets LTAF

FCA approves Legal & General's first private markets LTAF

DC-focused strategy to launch this summer

Valeria Martinez
clock 22 May 2024 • 1 min read
Citigroup Global Markets fined by FCA and PRA over $1.4bn trading error

Citigroup Global Markets fined by FCA and PRA over $1.4bn trading error

Combined fine of £61.6m

Valeria Martinez
clock 22 May 2024 • 2 min read
'Finfluencers' face FCA legal action over trading scheme

'Finfluencers' face FCA legal action over trading scheme

Social media scam

Sahar Nazir
clock 16 May 2024 • 1 min read
Trustpilot