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The future of UK AIFMD: what does this mean for fund managers?

25 October 2025 / Author(s): Joseph Paddon
Issue: November 2025 / Categories: In Practice

In April this year, the Financial Conduct Authority (FCA) published a Call for Input on the future regulatory framework for alternative investment fund managers in the UK (CfI), alongside a concurrent consultation by HM Treasury, which sets out several proposals on the perimeter of the regulatory framework (the Consultation). The CfI outlined the FCA’s vision for a more proportionate, flexible and internationally aligned regime that supports growth, innovation and competition, while maintaining investor protection and market integrity in the asset management sector.

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