Jie Clues–Low

Supervising Associate, Simmons & Simmons

Jie is a supervising associate in the Simmons & Simmons Financial Services Regulatory team in London. Her recent experience includes a focus on advising in relation to the UK Consumer Duty and investor protection rules. Jie also frequently provides advice in relation to the UK licensing perimeter and financial promotion rules, MiFID, UK SMCR and various cross-border regulatory issues.

Contributed to

1

The FCA Consumer Duty—application to asset managers

Practice Notes

This Practice Note considers the implications of the Financial Conduct Authority (FCA)’s Consumer Duty (Duty) for FCA authorised asset managers (managers of alternative investment funds (AIFs) and undertakings for collective investment in transferable securities (UCITS) and investment managers). In particular, it considers the main elements of the Duty, including its application and scope, the Consumer Duty principle, the cross–cutting rules and the four outcomes as they apply to asset management firms.

Financial Services