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ARTICLE · 20 SEPTEMBER 2024

Investment Management Update - September 2024

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This publication has been tailored to highlight topical news, cases and changes in the law impacting the investment management sector.

European UnionFinance and Banking
Lora Froud
Lora Froud
Alex Green
Alex Green
Michael Sholem
Michael Sholem
Rachel Serene
Rachel Serene

Welcome to the latest edition of our investment management update. 

This publication has been tailored to highlight topical news, cases and changes in the law impacting the investment management sector.

UK

  • On 22 August 2024, the FCA updated its webpage to confirm that they will open the gateway to the new overseas fund regime (OFR) on 30 September 2024 for funds not currently in the Temporary Marketing Permissions Regime (TMPR). The OFR facilitates the marketing of an overseas fund to UK retail investors, and this will now replace the TMPR, which has been in place since the loss of the EU passporting system after the UK's withdrawal from the EU. The FCA webpage has also been updated to provide additional guides for different fund types and a data set of the application form questions with guidance. 

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