The great barrier relief: UK must cut red tape to turn into the ultimate alternatives hotspot

Chance for SMEs and start-ups to flourish

clock • 4 min read
Rémy Astié of Vauban
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Rémy Astié of Vauban

Lord David Frost, the UK-EU's relations minister, said recently that the City of London needs to "get on and do its own thing". Hopes of reaching equivalence – that is, access granted by Brussels to foreign financial services firms with home market rules they deem similar to the EU's standards – are fading.

There have been numerous calls from the UK Government for input from business, to help guide the UK's financial structure in a post Brexit world. The Government's review of the UK funds regime, in which ministers are seeking input on issues across both tax and regulation as part of its review, could help the UK become a leading jurisdiction for alternative investment funds. Hill Review offers UK growth 'shot in the arm' but investors fear 'shrinking markets' We need an investment ecosystem that supports technology firms, one that is agile and responds to market dynamics. As competi...

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