FS+ Country Updates – October 2026

• Europe: developments include further implementation of the Alternative Investment Fund Managers Directive II across Greece, Hungary and Slovenia; new proposals for Luxembourg alternative investment funds; updated requirements affecting retail funds, investment firms and fund managers; and changes covering internal controls, investor compensation and fund distribution

• United Kingdom: the Financial Conduct Authority is moving fund authorization applications and notifications online and consulting on new redemption terms for authorized funds investing in illiquid assets

• UK Overseas Territories: Guernsey has been exploring how artificial intelligence could support anti-money laundering due diligence and wider adoption across the finance industry

• Americas: developments include changes to investment fund distribution in Canada, new environmental, social and governance fund requirements in Mexico, and US proposals covering performance fees, accredited investors and crypto custody

• Asia Pacific: India has introduced developments affecting venture capital and restricted schemes, portfolio managers and alternative investment funds, while Thailand has introduced its regulatory framework for crypto exchange-traded funds. Taiwan has also updated requirements affecting securities firms and offshore funds

• Middle East and Africa: Mauritius has revised its environmental, social and governance fund guidelines, including requirements for independent external certifiers
  
  …and much more.

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