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ICI Response to the FCA's Second CCI Consultation

The Investment Company Institute submitted a letter in response to the Financial Conduct Authority’s CP25/9, the second consultation paper on a new product information framework for Consumer Composite Investments, addressing the transaction cost methodology, transitional provisions...

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ICI Statement on EU & UK Transition to T+1

Brussels, Belgium; October 14, 2024 – Today the European Union (EU) T+1 Industry Task Force published a report supporting a move to an accelerated securities settlement cycle (trade date plus one business day, or T+1). The Task Force, of which ICI is a member, was established in 2023...

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ICI Global Commends UK Report on Move to T+1

Brussels, Belgium; April 9, 2024—Today, Michael Pedroni, Head of ICI Global, released the following statement on the United Kingdom (UK) government’s report to shorten the settlement cycle: “We commend the UK government for supporting the move to T+1 settlement as recommended by the...