UK seeks feedback on revisions to regulation of alternative investment fund managers

The HM Treasury (HMT) has launched a consultation on proposals to revise the legislative regime applicable to Alternative Investment Fund Managers (AIFMs) and the depositories they use. The government intends to use the powers and framework provided for under the Financial Services and Markets Act 2023 to repeal the existing AIFM regulations, maintaining or replacing those with key legislative provisions and moving much of the detail to the FCA's Handbook. The FCA has also issued a call for...
By: A&O Shearman

A&O Shearman