An avalanche of new rules is on its way

clock

Tony Stenning, head of UK retail at BlackRock, looks at the surge of new legislation set to hit UK investors.

The European asset management industry is about to become the subject of an unprecedented amount of new legislation, primarily as a result of the financial crisis in 2008, with significant impact on the UK investor. With this avalanche on the way, the UK investor community needs to be aware of the timing of these developments and understand their possible impact over the coming years. Since the beginning of the financial crisis, the European Commission, European Council and European Parliament have taken urgent action to attempt to safeguard the stability of the financial system.  They h...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA's SDR regulation will 'make advisers sit up and listen'

FCA's SDR regulation will 'make advisers sit up and listen'

‘There has to be a fundamental re-educating of the adviser community’

Isabel Baxter
clock 30 November 2023 • 4 min read
Advice/guidance boundary review will help 'bridge advice gap'

Advice/guidance boundary review will help 'bridge advice gap'

The FCA’s latest update leads to mixed reactions from the industry

Sahar Nazir
clock 04 August 2023 • 4 min read
FCA review confirms investment pathways working 'as intended'

FCA review confirms investment pathways working 'as intended'

No changes to initiative but industry called to better support savers

Holly Roach
clock 12 July 2023 • 3 min read