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Payment for investment research: FCA consults on plans to extend options

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Published on: 10 April 2024

Published by LNB News

LNB News 10/04/2024

Document Information

Issue Date: 10 April 2024

Published Date: 10 April 2024

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Financial Conduct Authority (FCA) has published consultation paper CP24/7, Payment Optionality for Investment, which aims to give asset managers greater freedom in how they pay for investment research. The FCA says the greater choice should suit firms of varying business models and sizes, helping to promote competition. It will allow the ‘bundling’ of payments for third-party research and trade execution, and would exist alongside already available options, such as payment from an asset manager's own resources or from a dedicated account. Responses are sought by 5 June 2024.

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