Legal & Regulation

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SquareBook secures FCA approval

SquareBook secures FCA approval

Following participation in the FCA’s Sandbox initiative in 2018/2019, SquareBook has received regulatory authorisation under Article 25 (2) of the Regulated Activities Order to ‘make arrangements with a view to transactions in investments’. 

Feature

Industry participants comment on introduction of long-term fund structures

Industry participants comment on introduction of long-term fund structures

It seems that the jury is still out regarding the recent proposals by the Investment Association for a long-term asset fund structure. The IA is proposing a new open-ended fund structure that would have the ability to invest in less liquid or illiquid assets, such as property and infrastructure projects.