The impact of the Overseas Fund Regime explained

The Financial Conduct Authority's (FCA) Overseas Fund Regime (OFR) became effective from 31 July 2024. It provides a framework for individual non-UK investment funds that are ‘recognised' by the FCA, to be marketed to – and accessed by – UK retail customers. This initially covers UCITS funds issued in most EU and EEA member states. Some of those funds already benefit from post-Brexit passporting arrangements under the Temporary Marketing Permissions Regime (TMPR), which is currently due to cease at the end of 2026. The FCA has engaged with those fund operators to explain the process and ...