Regulatory Alerts2023-10-26
Added · Updated
FS23/7: Long-Term Asset Funds (LTAFs) - Financial Services Compensation Scheme Coverage Feedback Statement
The Financial Conduct Authority issued this feedback statement to address stakeholder responses regarding the coverage of Long-Term Asset Funds under the Financial Services Compensation Scheme. The document outlines the regulator's final policy decisions and clarifies how LTAFs will be treated within the compensation framework following the consultation period. These measures aim to provide certainty for investors and firms by defining the specific protections applicable to these alternative investment vehicles.
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