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FCA Urged to Remove Bank-Style Capital Rules for Buy Side - Markets Media
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FCA Urged to Remove Bank-Style Capital Rules for Buy Side - Markets Media
Current requirements are inappropriate for alternative investment fund managers and undermine UK competitiveness MFA urged the Financial Conduct Authority (FCA) to revise its approach to capital requirements for investment firms in a consultation response. The FCA’s current approach of applying bank-style capital rules to all investment firms—regardless of business model or risk profile—is inappropriate for alternative investment fund managers…
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