PS21/14: A new authorised fund regime for investing in long term assets

The Financial Conduct Authority issued Policy Statement 21/14 to establish a new authorised fund regime designed for investing in long-term assets. This regulatory change introduces a specific legal framework to facilitate greater investment in illiquid and long-term assets by authorized funds. The policy aims to enhance the UK's competitiveness as an investment hub by providing a tailored structure for these types of financial products.

United Kingdom

Financial Conduct Authority

Open consultation

07/05/2021

Consultation closed

25/06/2021

Policy statement

25/10/2021