The U.K. Financial Conduct Authority has updated its statement and guidance on key workers and responsibilities of senior managers in light of the recent easing of the lockdown measures announced by the U.K. government. Managers considering reopening their London offices should take account of this guidance, including the indicative list of the types of roles considered to provide essential services.
All managers with U.K. operations should review their internal procedures for managing market abuse risks in view of the recent FCA guidance on market conduct and discipline in the context of COVID-19.
This article appeared in the June 2020 edition of SRZ’s Private Funds Regulatory Update. To read the full Update, click here.
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