New Collective Investment Schemes sourcebook

The last day that material in the Collective Investment Schemes sourcebook was in force was 11 February 2007. Material in the New Collective Investment Schemes sourcebook has now become mandatory for UK authorised funds.

NEWCOB and more principles-based regulation

In his keynote speech at the NEWCOB briefings, Dan Waters (Asset Management Sector Leader, FSA) discusses the revision of the FSA’s Conduct of Business sourcebook and the move to more principles based regulation.