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ARTICLE · 12 JULY 2026

Investment management update - July 2026

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The Financial Conduct Authority has proposed significant reforms to investment fund regulations, including allowing certain authorised funds to hold cryptoasset exchange traded notes and streamlining climate disclosure requirements. These changes, alongside updates to money market fund rules and anti-money laundering regulations, represent a substantial shift in the UK's approach to fund management and regulatory compliance. The proposals aim to reduce regulatory burden while maintaining investor protection

United KingdomFinance and Banking
Lora Froud
Lora Froud
Alexandra Green
Alexandra 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

FCA quarterly consultation paper: on 5 June 2026, the FCA published its quarterly consultation on proposed miscellaneous amendments to the FCA handbook (CP26/17). Amongst others the FCA has proposed to allow certain authorised funds (UCITS and, subject to certain exceptions, NURS) to hold cryptoasset exchange traded notes to a limit of 10% of the value of the scheme property where this is consistent with the disclosed investment objectives and risk profile of a given fund. The FCA does not propose to apply a limit to holdings within qualified investor schemes due to these funds only being sold to professional clients and sophisticated investors.

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