NEDonBoard is The Professional Body for Non-Executive Directors & Board Members in the UK. For Business Leaders, For your Board. Find your next Non-Executive role, event or set up proper governance in the boardroom. Professional Network for Board Members.
The deadline for Authorised Fund Managers to comply with the provisions of policy statement 18/8 is 30th September 2019. In this blog, we share an update with our community reflecting information received from our members as well as a catch-up call with the FCA that NEDonBoard held mid-July. Background In April 2018, the FCA announced a range of measures to improve fund governance, protect investors and ensure that investors receive value from the investments. One of these measures requires the Board of Authorised Fund Managers (‘AFMs’) to be comprised of a minimum of 2 independent non-executive directors, representing at least
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