This bill removes listed investment companies from EU Alternative Investment Fund regulations, eliminating duplicate cost reporting requirements that make these investments appear more expensive than they are.
A Bill to amend the Alternative Investment Fund Managers Regulations 2013 to remove Listed Investment Companies from Alternative Investment Fund designation; to make related changes to other relevant legislation; and for connected purposes.
Status: In Progress
Current House: Lords
Stage: 3rd reading
Sponsored by: Baroness Altmann
Introduced: 2023-11-22