PS24/9: Payment optionality for investment research

The Financial Conduct Authority issued Policy Statement PS24/9 to finalize rules regarding payment optionality for investment research. The document establishes requirements for asset managers and buy-side firms to ensure that payments for research are made from their general overheads rather than through bundled dealing commissions. This regulatory change aims to enhance transparency and align UK practices with international standards on the separation of research and execution costs.

United Kingdom

Financial Conduct Authority

Consultation opens

10/04/2024

Consultation closed

05/06/2024

Policy Statement

26/07/2024