FCA Wants a 90-Day Notice Period for Property and Infrastructure Funds, and Clearer Promises on Access
An FCA proposal aims to boost investors’ confidence in illiquid assets, placing the UK in line with international standards. TL;DR: review your content’s liquidity language. The UK regulator has proposed a framework that allows a minimum 90-day redemption notice period for funds that hold illiquid assets. This applies to managers of non-UCITS retail schemes, but […]