L

Lord Livermore (Lab)

Speaking in the House of Lords on 24 March 2025

Debate

Closed-Ended Investment Companies: Cost Disclosure

Contribution

Yes, I agree with my noble friend. The Government have provided the Financial Conduct Authority with tailored powers to deliver a new disclosure regime that is fairer and more proportionate and, as I said in the previous answer, tailored specifically to UK markets. I know that the FCA is engaging extensively with the industry and other interested parties as it looks to finalise its rules.

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