Final yr, Funding Week revealed that the regulator aimed to publish the doc in Q2 2025, after permitting a four-month extension to sure asset managers to adjust to the SDR labelling regime, till 2 April 2025.
SDR ‘not simple’ for MPS suppliers and DFMs
Nevertheless, in an replace on its session round extending the SDR regime to portfolio administration on Friday (14 February), the FCA stated “we now not intend to publish a coverage assertion in Q2 2025”.
It’s because “it’s taking longer than anticipated” for some asset managers to adjust to the regulation, which …
