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The FCA’s Final Rules For LTAFs: Distribution To Mass Market Retail Investors

Following its August 2022 consultation on the broader retail distribution of interests in a Long Term Asset Fund (LTAF), the FCA published its Policy Statement PS23/7 including final Handbook rules on 29 June 2023....more

Private Fund Managers and Retail Investment in the UK and EU: Comparing the UK’s Long Term Asset Fund

The UK Financial Conduct Authority (FCA) has just announced its first authorisation of a Long Term Asset Fund (LTAF). We have written about the FCA’s increased focus on continuing access by retail investors to wholesale or...more

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