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Implementation Taskforce response to the FCA Consultation on further remedies – Asset Management Market Study

The Implementation Taskforce have responded to the FCA Consultation on further remedies – Asset Management Market Study. We have responded to Question 1 on points 3.28 and 3.29 in the consultation with regards to ‘funds setting out non-financial objectives’. While welcoming the FCA’s draft guidance on fund objectives, we make a number specific observations in relation to 3.28 and 3.28.

Our full response to the FCA consultation is available to download below.