2021-05-06

Added · Updated

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 specifically for investing in long-term assets. This regulatory change introduces a dedicated legal framework to facilitate greater investment in illiquid and long-dated assets by authorized funds. The policy aims to enhance the UK's competitiveness as a global investment hub by providing a more suitable structure for long-term capital allocation.

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United Kingdom

Financial Conduct Authority

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Open consultation

07/05/2021

Consultation closed

25/06/2021

Policy statement

25/10/2021

25/10/2021