UK FCA publishes interim report of asset management market study
24 November 2016
The FCA has issued its long-awaited interim report on the UK asset management sector. The FCA identified a number of issues and proposed a wide-ranging package of remedies, including proposals aimed at increasing transparency around charges and fees and improving fund governance. The FCA is also consulting on whether to refer the investment consultancy market to the CMA for an in-depth investigation.
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