FCA Set to Ease Rules for Start-Ups, AIFMD in Spotlight

April 08, 2025

Cadwalader partner Smridhi Gulati spoke with Alternative Fund Insight about a series of UK Financial Conduct Authority proposals to make it easier for firms to “enter the market, grow, compete and innovate.” In the article, “FCA set to ease rules for start-ups, AIFMD in spotlight,” Smridhi discussed why the new proposals could be beneficial to the UK's business community.

Most of the UK's asset management regulation is covered by the alternative investment fund managers directive (AIFMD). The FCA is proposing bringing into effect provisions that repeal AIFMD’s firm-facing legislative requirements.

“A lighter approach to regulation I would anticipate will be overall welcome. Given the current macro environment, having the government focused on keeping the UK as an attractive hub for investment can only be a positive," Smridhi said. “We’ll need to see what the rule changes look like of course to give a more considered view – the devil is always in the detail after all.”

Read the article here.