Active Public Policy

View a summary on the policy work being undertaken by regulators and governments on funds' liquidity management.

Find out the latest on SFDR here.

The FCA are consulting until 23 February 2026 on enhancing fund liquidity risk management. Members contributions are welcome to AREF's response.

The Pension Schemes Bill is currently going through Parliament. Also, the Government has published a consultation on 2 statutory instruments to deliver its aims to make LGPS fit for the future.

IOSCO are consulting on Valuing Collective Investment Schemes until 2 February 2026.

The Financial Reporting Council have published the UK Stewardship Code 2026 and a guide giving practical insights and examples of effective reporting to the Code.

The Transition Finance Council are consulting on their draft entity-level Transition Finance Guidelines and Implementation Handbook

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).