Photo of Lucy Dodson (UK)

Lucy Dodson (UK)

On 14 October 2025, the Financial Conduct Authority (FCA) published a Consultation Paper (CP25/28) setting out proposals to encourage the adoption of tokenisation and tokenised funds in the UK.

We have now released a new briefing note on the FCA’s latest proposals and what this means for firms.

On 14 October 2025, the Financial Conduct Authority (FCA) published a consultation paper (CP25/28) proposing new rules in relation to fund tokenisation and direct-to-fund (D2F) dealing.

Background

The FCA explained that it is proposing new requirements in order to support innovation in the UK asset management sector, while putting

In the latest episode of our podcast series, Let’s talk asset management, Hannah Meakin, Lucy Dodson and Simon Lovegrove discuss the Financial Conduct Authority’s findings following a review of business models for smaller asset managers and alternatives.

Listen to our podcast here.

In the latest edition of our podcast series, Let’s talk asset management, Claire Guilbert, Hannah Meakin, Lucy Dodson and Simon Lovegrove discuss the similarities and differences between Luxembourg’s Reserved Alternative Investment Fund (RAIF) and the UK’s Reserved Investor Fund (RIF)

Listen to the episode here.

On 9 May 2025, the Financial Conduct Authority (FCA) published Policy Statement 25/4: Investment research payment optionality for fund managers (PS25/4).

Background

On 5 November 2024, the FCA published Consultation Paper 24/21 (CP24/21) on investment research payment optionality for fund managers. CP24/21 set out proposals to take forward the

In the latest episode of our Let’s talk asset management series, Hannah Meakin, Lucy Dodson and Simon Lovegrove discuss the recent papers issued by HM Treasury and the Financial Conduct Authority to streamline the regulatory framework for the alternative investment management sector to promote economic growth.

Listen to our podcast here.

On 7 April 2025, HM Treasury (HMT) issued a consultation paper, Regulations for Alternative Investment Fund Managers.

Background

The consultation paper follows the commitment that the Prime Minister made last month to cut the administrative cost of regulation on business by a quarter. It sets out the Government’s proposed approach for a

On 7 April 2025, the Financial Conduct Authority (FCA) issued a Call for Input, Future regulation of alternative fund managers.

Background

The Call for Input follows a Discussion Paper that the FCA published in 2023, DP23/2: Updating and improving the UK regime for asset management. Among other things respondents to DP23/2

In the latest episode of our podcast series, Split the Difference, Hannah Meakin, Floortje Nagelkerke, Anna Carrier, Lucy Dodson and Anita Edwards discuss upcoming and potential reforms to the commodity derivatives regulatory framework in the UK and EU.

Listen to the episode here.

In this latest episode of our podcast series, Let’s talk asset management, Hannah Meakin, Lucy Dodson and Simon Lovegrove discuss the UK Financial Conduct Authority’s recent guidance on its expectations for authorised fund applications made by firms for collective investment schemes to be authorised as authorised unit trusts, authorised contractual schemes and authorised open-ended investment