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ARTICLE · 10 OCTOBER 2025

UK Regulatory Update | Asset Management Sector | Q3

Mayer Brown
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Welcome to Mayer Brown's UK Regulatory Quarterly Newsletter for the asset management sector. In this edition, covering Q3 2025, we cover five key topics as summarised here.

United KingdomWealth Management
Musonda Kapotwe
Musonda Kapotwe
Tim Nosworthy
Tim Nosworthy
Ben Eaton
Ben Eaton
Marina Besignano
Marina Besignano
Duncan Watson
Duncan Watson
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Welcome to Mayer Brown's UK Regulatory Quarterly Newsletter for the asset management sector. In this edition, covering Q3 2025, we cover five key topics as summarised here. Details for each topic are shown in more detail below. You can also download a pdf of the complete newsletter using the "Resource Downloads" link below.

FCA issues new policy statement and consults on guidance for non-financial misconduct rules– On 2 July 2025, the UK Financial Conduct Authority ("FCA") published a policy statement and draft guidance under which it will extend the scope of the FCA Code of Conduct Handbook ("COCON") to non-banking firms to cover serious non-financial misconduct (in the form of workplace bullying, harassment, and violence). The FCA will also consult on draft guidance relating to COCON and fitness and proprietary assessments for employees and other senior personnel.

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This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.

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