Ouch! FCA delivers another blow to AFMs with AoV review

Ouch! FCA: Financial Conduct Authority delivers another blow to Authorised Fund Managers with Assessment of Value review Last week the FCA published the results of their review on โ€˜hostโ€™ Authorised Fund Management firmsโ€™ which concluded with the FCA wanting to see โ€œsignificant improvementsโ€ with many currently failing to meet the FCA standards. This week, theโ€ฆ

FCA Review of Host AFMs

FCA: Financial Conduct Authority Review of Host AFMs On 30th June, the Financial Conduct Authority (FCA) published a review of Host Authorised Fund Management Firms. The review, which was carried out between Q4 2019 to Q4 2020, involved the FCA examining: How well host AFMs understand their responsibilities for the funds they operate Whether theseโ€ฆ