AREF News

Find out more about the UK-based unauthorised contractual scheme, the Reserved Investor Fund, here.

Read more about the policy work being undertaken by governments, regulators & standard setting bodies in relation to sustainable finance and climate-related disclosures. See AREF's responses to current UK consultations.

The UK Government have published their Industrial Strategy for the next 10 years.

AREF has responded to the Scottish Government's consultation on the interaction between investment funds (CoACS, RIFs and PAIFs) and Land and Building Transaction Tax (LBTT).

Find out more here about cross-border marketing and management requirements of AIFs and UCITS within EU and EFTA countries.

The FCA have updated on their website details of responsibilities and how to oversee appointed representatives. HM Treasury have published a Policy Statement setting out targeted reforms.

View here the FCA work on enhancing climate-related disclosures by asset managers, life insurers, and FCA-regulated pension providers.

Find out the latest on SFDR here.

The Government have published the UK's Financial Services Growth & Competitive Strategy.

Green Taxonomy section – change text to: In mid-July 2025 the Government announced that they have decided to not proceed with a UK Green Taxonomy. More details can be found here.

The Basel Committee on Banking Supervision has published a voluntary framework for the disclosure of climate-related financial risks

HM Treasury and the FCA are considering changes to the AIFM regime in the UK. Find out more about this here and view AREF's responses to their consultations.

The UK Government has published its final report on the first phase of the Pensions Investment Review and responses to two other related consultations. The Pension Schemes Bill is currently going through Parliament.