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ARTICLE · 13 MAY 2025

FCA Report On Private Asset Valuations

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The FCA's report, which sets out its findings and feedback from its Private Market Valuation Review includes a number of practical action points for firms regarding their private assets valuation practices and processes.

United KingdomFinance and Banking
Ezra Zahabi
Ezra Zahabi
Daniel Quinn
Daniel Quinn
Simon Ellis
Simon Ellis
Qasam Mahmood
Qasam Mahmood
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The Financial Conduct Authority (FCA's) report, which sets out its findings and feedback from its Private Market Valuation Review (PMVR) includes a number of practical action points for firms regarding their private assets valuation practices and processes.

Firms are expected to consider the report and assess their own valuation policies and processes against the FCA's findings (including examples of good and poor practice) and feedback. Relevant areas for assessment include the governance of valuation processes, how a firm identifies and deals with potential conflicts in its valuation process, functional independence of the valuation committee, and incorporating defined processes and oversight for ad hoc valuations.

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