Public Policy Resource Library

Click here to learn more about regulation and guidance in relation to the Long-Term Asset Fund (LTAF) including the recent updates to the NURS second scheme rules to facilitate LTAF investment. The model LTAF Instrument of Incorporation and model LTAF Co-Ownership Deed for ACS can be found here.

Find out more about the policy work being undertaken by governments, regulators and standard setting bodies in relation to sustainable finance and climate-related disclosures.

The Committee is monitoring proposed changes to a wide range of regulations and legislation that affect AREF members. Also, they are actively lobbying policy makers in the UK and internationally. Click for more info.

View a summary on the policy work being undertaken by regulators and governments on funds' liquidity management.

Find out more here about the Government's work to enable DC pension schemes to invest in illiquid assets. Also, there are links to guidance from TPR and cases studies from PLSA which supports this and AREF's own lobbying to the Government on this matter.

Click here for details about the work by regulators and governments on ensuring good governance by ESG ratings and data products providers.

Find out more about ELTIF 2.0 here

Legislation for an unauthorised co-ownership contractual scheme, the Reserved Investor Fund (RIF), was included in the Finance Act (No.2) 2024. Click here to see AREF's response to the Government's consultation on tax rules for the RIF which it is hoped will be implemented in secondary legislation in the summer of 2024.

View AREF's work on this topic...

Find out more about the review of the UK Funds Regime by the Government and the FCA.

View the update on this topic.

The Open End Fund Pricing Project is an industry-wide project conducted in collaboration with INREV. View the latest updates with the project.

The FCA have published their Consumer Duty rules. This is the first of 5 milestones to prepare for the new rules to take effect.

View materials on the Cost Transparency Initiative (CTI)

View AREF's work on this topic...