FCA pushes back deadline for fund value assessments – Ignites Europe

The UK financial regulator has extended the deadline for annual fund value assessments by two months, to give managers leeway amid the Covid-19 crisis.

The Financial Conduct Authority yesterday announced a “temporary relief to the regulatory deadlines for publishing funds’ half-yearly and annual reports and accounts” because of the “unparalleled challenges in preparing financial information” as a result of the pandemic.

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