Retail Funds Resource Library

Click here to learn more about regulation and guidance in relation to the Long-Term Asset Fund (LTAF) and read about AREF's event looking at the future of the LTAF. The model LTAF Instrument of Incorporation and model LTAF Co-Ownership Deed for ACS can be found here too.

The FCA are consulting on a new product information regime to help consumers understand the investment products they are buying, while giving firms flexibility to innovate. Find out more here.

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

ESMA are seeking input on draft guidelines and technical standards for liquidity management tools under the revised AIFMD and UCITS Directive.

The FSB published its Revised Policy Recommendations to Address Structural Vulnerabilities from Liquidity Mismatch in Open-Ended Funds in December 2023. These recommendations supersede Section 2 of the FSB’s 2017 Policy Recommendations to Address Structural Vulnerabilities from Asset Management Activities.

In December 2023 IOSCO published its Guidance on Anti-Dilution Liquidity Management Tools.

AREF comments on Chancellor's Autumn Statement

View the update on this topic.

In November 2022 the Central Bank of Ireland implemented macroprudential measures for property funds.