On 22nd April 2020, the Financial Conduct Authority (FCA) announced that they have extended the submission deadlines for the regulatory returns. The extension applies for submissions that are due up to and including 30 June 2020 due to the impact of coronavirus (Covid-19)
2-month extension:
- Annual financial reports (as required under Disclosure Guidance and Transparency Rules)
- FIN-A (annual report and accounts)
Earlier FCA announced that where the authorised fund managers (AFMs) of UK UCITS schemes and non-UCITS retail schemes (NURS) need extra time to complete their fund’s annual reports, this temporary relief will permit an additional 2 months to publish them. In addition to AFMs of NURS, this relief is also available to managers of other forms of alternative investment funds (AIFs).