The IA has set out plans to "future proof" the UK's asset management industry ahead of Brexit, making demands of firms, regulators and the government on regulation, diversity, ESG policy and fintech.
Ahead of its annual conference today (25 June), the trade body published its Vision 2020 report, which warned "changes ahead in the UK's…position in the regional and global economic and political order" spells greater pressure on the country's position as an asset management hub. In the context of Brexit, the Investment Association (IA) said the Financial Conduct Authority's (FCA) future remit should emphasise "the importance both of the global competitive context and the need to facilitate innovation". It also called for the Treasury's Asset Management Taskforce to become a permanent...
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