The FCA will begin invoicing for the Treasury’s new Anti-Money Laundering levy from July, with some large firms expected to pay £250,000 per annum.

The FCA has approved the first Long Term Asset Fund (LTAF) with Schroders becoming the inaugural provider.

The FCA and sister regulators have this week published a detailed 'Regulatory Grid' outlining revised plans for the next 24 months to allow for the Chancellor's 'Edinburgh Reforms' to be included.

The Financial Conduct Authority is seeking views on regulatory changes that might help the UK’s asset management industry, as well as better supporting the investors it serves and boosting competition.