An assessment of value: Helpful or a fudge?
Poring through the FCA's new regulations
Steve Kenny of Square Mile Investment Consulting and Research
Depeche Mode once sang 'Everything Counts' – and that is exactly what the new regulations that apply to funds under the Financial Conduct Authority (FCA)’s Assessment of Value seek to identify.
The new regulations come into force from 30 September 2019 and are designed to strengthen the existing duty of care to investors through enhanced governance provision. The exact nature of the policy...
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