Funds centre

Today's budget included an update to the Economic Crime Levy, subdividing the bands, and significantly increasing the levy on the largest firms.

Please see our circular for more information.

The IA has submitted its response to the FCA's consultation on tokenisation and Direct2Fund.

Please read the associated circular here.  

The European Commission has published its proposal reviewing the Sustainable Finance Disclosures Regulation (SFDR).

Further details can be found in this circular.

The IA, in collaboration with Farrer & Co, has prepared a quick reference guide to assist members in navigating the scope and timeframe of TCFD and SDR reporting requirements.

More information can be found in this circular.

The European Supervisory Authorities (EBA, EIOPA, and ESMA – the ESAs) have published the list of designated critical ICT third-party providers (CTPPs) under the EU Digital Operational Resilience Act (DORA).

Please see our circular for further details.

On 17 November 2025, the Joint Money Laundering Steering Group (JMLSG) published a consultation on amendments to several paragraphs in its guidance.

More details can be found in the circular here.

The IA has drafted a Position Paper on Streamlining Sustainability Reporting which aims to contribute to the FCA’s work to streamline and enhance its sustainability reporting framework for asset managers and FCA-regulated asset owners.

Please see our circular for more information.

The IA has submitted its response to the Fair4AllFinance consultation on how to best utilise Dormant Assets Scheme funding for enhancing financial capability.

For more details, please read the associated circular here.

The IA is welcoming applications to join the Sustainability and Responsible Investment Committee.

Please see our circular for more details.

The IA has published a set of Frequently Asked Questions (FAQs) to assist members in navigating the changes to the recent AoV reporting obligations.

Please see circular 330-25 for more information.

In conjunction with the FCA and Singaporean colleagues at the regulator MAS and trade body IMAS, the IA has published a paper outlining ways to bridge the digital assets “adoption gap”, where firms are limited in their ability to fully realise the benefits of tokenisation.

Please see Circular 329-25 for more information.

The IA's draft response to FCA's CP 25/28: Progressing Fund Tokenisation is now available for member review and comment.

Please see Circular 328-25 for further details.

The IA has submitted an interim response to the FCA's consultation chapter on enabling Direct2Fund (D2F), a direct dealing mechanism for UK funds.

Please see our circular for more information.

A number of vacancies are due to arise on The Investment Association’s Financial Crime Committee. Applications are, therefore, invited from MLROs, Heads of Financial Crime and fraud prevention managers within investment and/or fund management firms who would be interested in serving on the Committee.

Please see our circular for further information and to apply.  

The Investment Association is inviting Members to join its new Investor Insights Advisory Group, to bring together leading practitioners in investor research, market insights and consumer research to help shape a forward-looking research agenda for the IA.

Please read this circular for more information and to apply.

The IA has published its latest consumer pulse survey in partnership with Opinium, exploring UK adults’ attitudes towards investing, pensions policy and investing in the UK ahead of the Autumn Budget.

Further details can be found in this circular.

On Monday 27 October, the government laid secondary legislation to bring ESG ratings providers within the FCA's regulatory perimeter. The new legislation can be found here. 

Laying this legislation now allows the FCA to consult on its proposed framework for regulating ESG ratings providers - the FCA have already announced they plan to consult before the end of the year. 

Please read this circular for more details.

A small number of vacancies are due to arise on the Investment Association’s Investment Fund Operations Committee. Applications are therefore invited from members who would be interested in serving on the Committee.

Please see the associated circular for more information. 

The 2025 Budget is gearing up to be a significant fiscal event. You are invited to join the IA’s specialists shortly after the Budget statement for a discussion on:

• The tax and policy measures we’ve seen
• What the relevant changes may mean for the investment management industry
• Next steps for the IA and our member firms.

The webinar will include a Q&A session where you will be able to raise topics of particular interest. 

To find out more and to register, click here.

Join the Investment Association for the first of a series of breakfast briefings focusing on ETFs. This session will focus on what recent research tells us about the growing demand for ETFs among retail investors, and the barriers that still limit participation. Industry experts will explore what can be done — from the perspectives of issuers, advisers, platforms, and exchanges — to make ETFs more accessible to ordinary investors. Together, we’ll look at how to foster a stronger culture of retail investment and identify practical steps the industry can take to drive change.  

To find out more and to register, click here.

Join us for an afternoon of insight, strategy, and collaboration at the IA Financial Crime Forum 2026 - the premier gathering for professionals tackling financial crime in the investment management industry. This half-day event aims to bring together leading practitioners, regulators, legislators, and policy experts to explore the latest developments, challenges, and innovations in financial crime prevention.

From the evolving landscape of fraud and sanctions to the implications of AI and deepfakes, the Forum will spotlight the most pressing issues facing firms today. Expect thought-provoking panels, targeted workshops, and practical takeaways designed to empower attendees with actionable intelligence and policy clarity.

Whether you're navigating the new corporate offence of failing to prevent fraud, preparing for changes to the Money Laundering Regulations, seeking to strengthen collaboration with law enforcement, or want to understand the risks of Citizenship by Investment, this is your opportunity to engage directly with the experts shaping the future of financial crime risk management.

Further details and registration

Join us for the 8th EmTech Global Conference, the Investment Association’s flagship FinTech showcase powered by Engine.

Whether you’re a tech pioneer, investor, policymaker, or innovator, #EmTechGlobal2026 is your front-row seat to the next wave of transformation.

Secure your place today and be part of the conversation that’s driving the future of investment.

To find out more and to register, click here.

In 2026, the conference will explore how the industry can deliver meaningful value for clients in a rapidly evolving landscape. We’ll examine the latest trends in client demand for sustainable investment approaches and assess whether UK and EU sustainable finance rules are achieving their intended goals of delivering value and choice for consumers. The conference will spotlight the innovation needed to keep strategies effective amid shifting environmental and social challenges and consider how sustainability can strengthen resilience in the face of climate adaptation and other global pressures.

Please join us for a day of insightful discussions and networking opportunities as we navigate the future of sustainable and responsible investing together. Spaces are limited, so register now to secure your spot and be part of this pivotal event!

To find out more and register, click here.