FCA introduces new rules on illiquid open-ended funds

On the 10.01.19 at 7:36AM


Tuba Raqshan

Open-ended funds investing in inherently illiquid assets such as property should provide investors with clear and prominent information on liquidity risks, according to new rules by the Financial Conduct Authority (FCA).

The UK regulator’s rules, which will be applicable from 30 September 2020, will apply to non-UCITS retail schemes (NURSs).

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