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Lord Livermore (Lab)

Speaking in the House of Lords on 24 March 2025

Debate

Closed-Ended Investment Companies: Cost Disclosure

Contribution

I absolutely recognise the issues that the noble Lord raises. The Government’s view is that now that they have temporarily removed investment trusts from cost disclosure requirements, implementation is a matter for the industry. I recognise that there are some frustrations among the sector, but we believe that operationalising this legislation is a matter for the industry and the regulator.

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