IMA counters FCA's outsourcing concerns with principles list

clock

The Investment Management Association (IMA) has responded to the Financial Conduct Authority's (FCA) concerns over outsourcing arrangements across the industry by producing a set of principles it expects members to adopt and adhere to.

Following the release of the FCA's Dear CEO letter on outsourcing last December, the IMA has put together a list of principles it feels should improve oversight of outsourcing arrangements. The principles laid out by the IMA cover three main areas: oversight, exit planning and standardisation. Outlined below are seven key guiding principles the IMA has put forward to help members meet the FCA's new criteria on outsourcing. Comprehensive exit plan Asset managers should have an exit plan that includes all relevant outsourced functions. Exit plans for each outsourced function shoul...

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 Investment

Technology cited as main barrier to private market access for advisers

Technology cited as main barrier to private market access for advisers

Follows Oliver Wyman’s and Clearstream’s private markets whitepaper

Sophia Panayi
clock 04 August 2026 • 3 min read
Beyond London: Adviser opportunities in regional investment

Beyond London: Adviser opportunities in regional investment

Hugi Clarke unpacks the regional growth agenda

Isabel Baxter
clock 31 July 2026 • 1 min read
Looking beyond the oil shock

Looking beyond the oil shock

'A few weeks ago, there was genuine reason for optimism'

Fahad Hassan
clock 27 July 2026 • 4 min read