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FCA Response and Policy Statement on the use of side pockets for retail funds affected by the Russian invasion of Ukraine

11/07/2022

The FCA has published their response (the “Response”) in the form of a policy statement (the “Policy Statement”) on rules to allow Authorised Fund Managers (“AFMs”) to create separate unit classes (“side pockets”) for assets in retail investment...

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Authors

Portrait ofKaragh Gilliatt
Karagh Gilliatt
Partner
Edinburgh
Portrait ofAidan Campbell
Aidan Campbell
Partner
Glasgow
Portrait ofLaura Houët
Laura Houët
Partner
London