The UK government announced at Budget 2020 that it would review the UK’s fund regime (the “Review”). In January 2021, the HM Treasury published the Review which set out the objectives and invited stakeholders to provide views on which reforms should be taken forward. On 10 February 2022, the UK government published a summary of responses which outlined the feedback the government received and the government’s conclusions on what will be explored further…


The FCA will be consulting further on the LTAF regime and has reminded firms that ultimately their role is only effective in making improvements for the regime once LTAFs are actually launched and there is real time data and feedback to work with.

To read the ‘Review of the UK funds regime: a call for input – Summary of responses’ please click here.

For more information on establishing UK funds, Cleveland & Co External in-house counsel™, your specialist outsourced legal team, are here to help.

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