On Wednesday, 15 May 2024, Deloitte and EFAMA hosted a webinar on the cross-border distribution of EU funds in the United Kingdom, featuring expert speakers from the Financial Conduct Authority (FCA) and Deloitte.

The HM Treasury announced in January 2024 that EEA UCITS funds would have access to the Overseas Fund Regime (OFR) without having to comply with any additional regulatory requirements. However, ‘recognised overseas funds’ would have to comply with the upcoming UK Retail Disclosure Framework and potentially also the recently adopted Sustainability Disclosure Requirements (SDR), subject to a consultation.

The webinar covered the FCA’s work to operationalise this regime and examined how these regulatory developments would impact cross-border fund distribution.

The webinar was reserved exclusively for EFAMA members.