- Applying for a new scheme to be authorised in the UK – including Authorised Contractual Schemes,
Funds & Asset Management
The UK Asset Management Framework Reforms: A Podcast Deep Dive
FCA publishes consultation paper on fair redemption terms for authorised funds investing in illiquid assets
On 8 October 2026, the Financial Conduct Authority (FCA) published a consultation paper in relation to fair redemption terms for authorised funds investing in illiquid assets (CP26/35).
Background
The FCA sets out that it has worked with the International Organization of Securities Commissions and the Financial Stability Board to develop new…
ASIC updates relief for managed discretionary account service providers

On 30 September 2026, the Australian Securities and Investments Commission (ASIC) issued ASIC Corporations (Managed Discretionary Account Services) Instrument 2026/720 which replaces ASIC Corporations (Managed Discretionary Account Services) Instrument 2016/968.
ASIC Instrument 2026/720 does not substantively change the terms of the relief for managed discretionary account (MDA) providers and external MDA…
FCA publishes webpage on moving fund authorisation applications and notifications online
- From 2 November 2026, the FCA
Podcast | Global Regulation Tomorrow Plus – Let’s Talk Asset Management – Reviewing the Prudential Regime for Fund Managers
This podcast mini-series on the ‘UK Asset Management Framework Reforms’ examines the FCA’s highly anticipated consultation papers published on July 14, 2026, setting out a proposed a package of reforms intended to tailor requirements more proportionately for asset managers. This podcast in the series focuses on further proposals in CP26/28, in particular the FCA’s discussion…
ASIC Corporations (Attribution Managed Investment Trusts) Instrument 2026/726

On 28 September 2026, the Australian Securities and Investments Commission (ASIC) announced that it had remade six legislative instruments that provide relief around managed investment schemes including ASIC Corporations (Attribution Managed Investment Trusts) Instrument 2026/726. The instruments that were made were expiring on 1 October 2026. Earlier this year ASIC consulted on a…
Global Regulation Tomorrow Plus | Let’s Talk Asset Management, Episode 32: UK Asset Management Framework Reforms (Part 8) – Risk management
This podcast mini-series on the ‘UK Asset Management Framework Reforms’ examines the FCA’s highly anticipated consultation papers published on 14 July 2026, setting out a proposed package of reforms intended to tailor requirements more proportionately for asset managers. This podcast in the series focuses on chapter 6 of CP26/28 which covers risk management.
Listen to the…
Global Regulation Tomorrow Plus | Let’s Talk Asset Management, Episode 33: UK Asset Management Framework Reforms (Part 9) – Liquidity Risk management
This podcast mini-series on the ‘UK Asset Management Framework Reforms’ examines the FCA’s highly anticipated consultation papers published on 14 July 2026, setting out a proposed package of reforms intended to tailor requirements more proportionately for asset managers. This podcast in the series focuses on chapter 7 of CP26/28 which covers liquidity risk management.
Listen…
Podcast | Global Regulation Tomorrow Plus | Let’s Talk Asset Management, Episode 34: UK Asset Management Framework Reforms (Part 10) – Closed ended funds and changes to operating conditions
This podcast mini-series on the ‘UK Asset Management Framework Reforms’ examines the FCA’s highly anticipated consultation papers published on 14 July 2026, setting out a proposed package of reforms intended to tailor requirements more proportionately for asset managers. This podcast in the series focuses on two chapters of CP26/28, chapter 11 (closed-ended investment funds trading…




