FCA to end temporarily postponed deadlines for fund reports and accounts

In April, the regulator offered optional relief of up to two months' extension for managers to publish their reports due to the "unparalleled challenges" created by the coronavirus pandemic. In a statement issued on 9 September, the FCA stated that "businesses have had time to adjust to the changed environment" and it intends to end the temporary relief in stages. For funds with an annual or half-yearly accounting date on or before 31 August 2020, the relief will remain in place. For example, the authorised fund manager of a UK UCITS scheme can now publish their annual reports by 28 F...