The FCA has launched a new webpage setting out how firms can apply to become a management company (ManCo) for a UK UCITS. The webpage contains information on permissions, prudential requirements, and application fees. The webpage also explains that applications should include information on liquidity management, Consumer Duty and ESG and it sets out a list of documents that must be submitted alongside the authorisation application.
Before making an application, firms need to first submit a request for a pre-application meeting through the FCA’s Pre-Application Support Service.