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.
25 OCT 2025
The Financial Conduct Authority and the Prudential Regulation Authority have respectively published finalised guidance and a supervisory statement on prudential assessment of acquisitions and increases in control (the Guidance).1 The Guidance took effect on publication on 1 November 2024 and replaces the EU's Joint Committee Guidelines on Acquisitions and Increases of Qualifying Holdings in the financial sector that came into force on 1 October 2007.
This In Practice article summarises the Guidance and highlights areas relevant to fund managers.