In a ‘Handbook discover’, the regulator mentioned it had made “technical amendments to take away a barrier that presently makes it exhausting for NURS to put money into LTAFs”.
The earlier guidelines permitted NURS to speculate as much as 20% of its portfolio into items of a number of LTAFs, so long as every LTAF doesn’t in flip make investments greater than 15% of its portfolio into any form of collective funding scheme (CIS).
Aviva Traders launches personal debt LTAF
The FCA referred to those CISs as ‘second schemes’ and referenced trade suggestions, which claimed that since LTAFs sometimes make a big proport…
