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Latest remedies from the FCA's Asset Management Market study: new remedies set out in Policy Statement 18/8

Insight

Farrers office

Earlier this month the Financial Conduct Authority (FCA) published its latest remedies associated with the Asset Management Market Study (AMMS) in a Policy Statement (PS18/8).

The proposed remedies were set out for consultation at the time of the Final Report and its associated consultation paper CP17/18 and there are no significant surprises contained in PS18/8, although the FCA has taken on board elements of industry feedback. This briefing focuses on PS18/8 and the implications for the asset management industry.

If you require further information on anything covered in this briefing please contact Grania Baird ([email protected]; 020 3375 7443), Fiona Lowrie ([email protected]; 020 3375 7232 or your usual contact at the firm on 020 3375 7000.  Further information can also be found on the Finance & funding page on our website.

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About the authors

Grania Baird banking lawyer

Grania Baird

Partner

Grania leads the financial services regulatory and funds practice at Farrer & Co. She has over 20 years of experience acting for clients across the sector, including private banks, wealth managers, asset managers and, more recently, payment services firms and Fintech businesses.

Grania leads the financial services regulatory and funds practice at Farrer & Co. She has over 20 years of experience acting for clients across the sector, including private banks, wealth managers, asset managers and, more recently, payment services firms and Fintech businesses.

Email Grania +44 (0)20 3375 7443
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