Page updated

14 November 2025

IA GUIDANCE

THEME	IA INDUSTRY GUIDANCE
Introduction to funds	Authorised funds – a regulatory guide ACD model explainer CAIF Guide
Fund Governance	Classification of Change Events ACD governance Product Governance Fund Communication Guidance Performance Measures (Benchmarks) Authorised Funds: Launching a Hedged Currency Class Assessment of Value (AoV) Reporting FAQs Value Assessment FAQs
Fund Processing	Fund Suspension Guide Fund Processing Principles Fund Terminations and Wind-Ups Reasonable steps to ensure the authenticity of Electronic Instructions Principles for Maintaining Active Client Relationships Market Timing Guidelines Stock Transfer Form: For hardcopy completion Stock Transfer Form: For digital usage Stock Transfer Form: Guidance Notes
MiFID II Client categorisation for Local Authorities	MiFID II client categorisation for local authority pension schemes and Treasury functions
Costs and Charges	Disclosure of Fund Charges and Costs Guidance on TER calculations Guidance on the ongoing charges calculations Performance fees
Reports and Accounts	Statements of Recommended Practice (SORP) Going concern assessment Q&A: SORP implementation Guidance on the fair value hierarchy
Revenue Recognition	Investing in offshore funds Revenue recognition in master-feeder structures Effective yield and distressed debt securities Effective yield and coupon-based distributions Effective yield income calculations
Securities Financing Transactions	Analysis of the SFT information to be disclosed
Valuation and Pricing	Fair Value Pricing Pricing strategies
Yield Disclosure	Yield calculation and disclosure guidelines
Risk Management	Risk Management and Measurement for UK UCITS and AIFs Guide to Risk Management Processes for Managers of UK Authorised Collective Investment Schemes
Investment and Borrowing Powers	ESMA Guidelines on ETFs and other UCITS issues (DATA/IA Guide) Eligible Assets FAQs
Fund Liquidity	Position paper on side pockets Liquidity Guidance
Fund Distribution	Overseas Funds Regime FAQs
Consumer Duty	Scoping FAQs Board Champions FAQs Monitoring Framework Consumer Understanding and Support: Issues to Consider when Implementing the Duty Summary of Initial Investor Research on Bond Fund Communication Annual Board Report Roadmap

IA MODEL DOCUMENTS

TOPIC	MODEL DOCUMENTS
Dividend on Income or Accumulation Shares or Units Paid to Investors Subject to Income Tax	Tax certificate
Dividend on Income or Accumulation Shares or Units Paid to Investors Subject to Corporation Tax	Tax certificate
Model Discretionary Investment Management Agreement	Model Agreement 2026 version Model IMA – MiFID II standard letter Provisions relating to EMIR Note relating to AIFMD
CIS Model Instruments	Model authorised unit trust deed Model instrument of incorporation for ICVC registered in England or Wales Model instrument Authorised Contractual Scheme set up as a co-ownership scheme (England and Wales) Model instrument Authorised Contractual Scheme set up as a co-ownership scheme (Scotland) CAIF Model Deed LTAF model instrument of incorporation LTAF model ACS Deed
CIS Unit Dealing	Model Electronic Renunciation Agreement for Authorised Funds Stock Transfer Form for Authorised Funds Guidance Notes for completion of the Stock Transfer Form
CIS Disclosure	Key Investor Information Document (KIID) – Sample KIID Sample Supplementary Information Document (SID)