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City watchdog eyes rules overhaul for UK asset managers
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City AM
City watchdog eyes rules overhaul for UK asset managers
The UK’s financial watchdog has proposed a host of reforms aimed at simplifying reporting for asset managers and end industry confusion over complicated regulations. The Financial Conduct Authority (FCA) said the modernisation of the rules will tailor requirements for asset managers, cut costs for firms and provide better data for the sector, saving managers £128m [...]
14 Jul, 13:22
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