The FCA are seeking regulatory change that might help the UK’s asset management across the industry by innovative securities, better support for their investors and boosting competition.
The UK is a leading centre for asset management, with over £11 trillion of assets managed by UK investment firms.
The financial regulation framework provides an opportunity for the FCA to look to improve asset management regulation with a more modern and tailored regime, better meeting the needs of UK markets and consumers.
The FCA covers a wide range of ideas and legislation to improve consumer investments and protection. Keeping their main priority on customer experience and efficiency. This also keeps in line the FCA’s rules and helps deliver better terms and support for investors, retail and wholesale, whether it be UK or international.
The FCA continues its working to promote market excellence and competition across financial markets, their three year strategy will enforce the highest regulations across the sector.