On 13 August 2026, the Financial Conduct Authority (FCA) published a policy statement in relation to enhancing fund liquidity risk management (PS26/17).
Background
Consultation Paper 25/38 (CP25/38) proposed targeted changes intended to make improvements to the liquidity risk management framework for retail-focused authorised funds, those being undertakings for collective
In our podcast mini-series on the UK Asset Management Framework Reforms, we examine the FCA’s highly anticipated consultation papers published on 14 July 2026. These papers set out a proposed package of reforms intended to tailor requirements more proportionately for asset managers.
This episode focuses on CP26/27, which proposes an overhaul of the remuneration rules
In our podcast mini-series on the UK Asset Management Framework Reforms, we examine the FCA’s highly anticipated consultation papers published on 14 July 2026. These papers set out a proposed package of reforms intended to tailor requirements more proportionately for asset managers.
This episode focuses specifically on the FCA’s proposed approach to investor disclosures, as
In the latest episode of our podcast mini-series on the UK Asset Management Framework Reforms, we turn our attention to the FCA’s proposed approach to firm size thresholds and residual collective investment scheme (CIS) operators.
The mini-series examines the FCA’s consultation papers published on 14 July 2026, which set out a package of reforms for
Luxembourg fund managers now have a route to statutory ring-fencing between pools of assets within a single SCS (Société en Commandite Simple) or SCSp (Société en commandite spéciale) without accepting a product-law wrapper. Bill 8814, filed on 30 July 2026, proposes to decouple the two.
The Bill would amend the AIFM
On 23 July 2026, the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, AFM) issued a news update on areas of attention for compliance and internal audit functions at Alternative Investment Fund Managers (AIFMs) and managers of Undertakings in Collective Investment in Transferable Securities (UCITS Managers)(collectively referred
As businesses grapple with increasingly complex and interconnected risks, from climate-related disruptions to geopolitical instability and supply chain fragility, the search for flexible and cost-effective risk management solutions has never been more pressing. The use of captive insurance vehicles as a mechanism for alternative risk transfer is well established, offering corporates a powerful tool to
On 27 July 2026, the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) published a circular (the Circular) clarifying that investments falling within the scope of the German Capital Investment Act (Vermögensanlagengesetz – CIA) will generally not be classified as packaged retail investment products (PRIIPs) for the purposes of the PRIIPs
We have published a new briefing note that considers the core proposals in Dubai Financial Services Authority (DFSA) Consultation Paper No. 173. CP173 sets out wide-ranging proposals to enhance the DFSA’s collective investment fund regime in the Dubai International Financial Centre.
On 14 July 2026, HM Treasury (HMT) issued draft statutory instrument and policy note on the Alternative Investment Fund Managers Regulations 2026.
Background
The Alternative Investment Fund Managers Directive (AIFMD) (Directive 2011/61/EU) was introduced in 2011 in the EU with the aim of harmonising the regulatory framework for funds and fund