Author: Raza Naeem

FCA sets out its final rules on implementing the Overseas Funds Regime

The FCA has set out its final rules and guidance on implementing the Overseas Funds Regime (OFR) - the framework which allows funds established outside the UK to be recognised by the FCA and sold to UK retail investors. The rules and guidance, published n policy statement (PS24/7), come into force on 31 July 2024 and will replace the Temporary Marketing Permission Regime (TMPR) that was created following Brexit. Read our note for a summary.