UK FCA Focuses Increased Scrutiny on Asset Managers

March 26, 2015

Regulators across the globe are intensifying their focus on enforcing the regulation of the asset management industry. Over the last twelve months, the global Financial Stability Board, the International Monetary Fund, the US Financial Stability Oversight Council and the Bank of England have repeatedly expressed their concerns over the risk the industry poses to the stability of the broader financial system.

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