The FCA are carrying out a very important Asset Management Market Study, and are due to publish their interim report this Summer. Their Study has the potential to make huge improvements to the workings of the asset management sector, and I'm extremely keen we feed into it as best as possible.
I attended a workshop the FCA ran on Friday 22nd April.
It was a very interesting meeting for many reasons.
Afterwards, I commented to the FCA that because such a high proprtion of attendees at that particular workshop were asset management firms it would be good to have another workshop where a wider and more balanced selection of views could be represented.
The FCA have explained to me that they are indeed engaging with a very wide selection of market participants and types of organisation and the make-up of the particular workshop I attended wasn't at all typical of how they have been engaging with the market; I know this to be the case because of the way they really have been trying to engage with the market as a whole, and it was one of three workshops they have run so far.
I am very pleased to advise that FCA have agreed to running an additional workshop, which is excellent news.This is a very special event, put on specifically for us.
Note that it is an FCA event, not a Transparency Task Force event, but I have been asked to sort the attendees for it, hence the email you received and this event booking page which enables me to efficiently organise the delegate list etc.
Monday 16th May
14:30 to 16:30
FCA, 25 The North Collonade, Canary Wharf, London E14 5HS
As I see it, your attendance at this event is extremely important - a great chance to feed into the FCA directly what you think about any potential improvements that could be made to the asset management indusry that will help to deliver better outcomes to the consumer, including of course better value for money.
Furthermore, PLEASE DO ALL YOU CAN TO SEND AN EMAIL ABOUT THIS EVENT TO TO ALL THE ASSET OWNERS/TRUSTEES YOU KNOW SO THAT THEY MAY ALSO BE REPRESENTED AT THE WORKSHOP.
Let me know if you have any queries, through firstname.lastname@example.org
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The Transparency Task Force
...is the collaborative, campaigning community dedicated to driving up the levels of transparency in financial services, right around the world.
We believe that higher levels of transparency are a pre-requisite for fairer, safer and more efficient markets to deliver better value for money and better outcomes to the consumer.
Furthermore, because of the correlation between transparency, truthfulness and trustworthiness, we expect that our work will help to rebuild trust and confidence in financial services, for the benefit of consumers, market participants and the efficacy of government policy.