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ARTICLE · 18 DECEMBER 2024

Investment Management Update - December 2024

Macfarlanes LLP
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Macfarlanes LLP

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This update covers key regulatory developments impacting investment management, including UK government reforms on financial services and pensions, FCA consultations on enforcement transparency and MiFID rules, and progress on sustainable finance and anti-fraud regulations.

United KingdomFinance and Banking

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 29 November 2024, the Economic Secretary, Tulip Siddiq, gave a speech at the City UK National Conference. This set out the Government's priorities for the financial services sector in light of their stated growth mission. The speech also emphasised the Government's view that there is an opportunity for more responsible risk-taking across the economy. Ms Siddiq also noted that they are consulting on abolishing the current Certification Regime and replacing it with a more proportionate approach that will reduce costs for businesses.

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