A Bill to amend the Alternative Investment Fund Managers Regulations 2013 to remove Listed Investment Companies from Alternative Investment Fund designation; to make related changes to other relevant legislation; and for connected purposes.
House of Lords
29 May 2024
May contain errors — check source documents for definitive information.
This Bill would change how certain investment funds are treated under UK law. Specifically, it would remove Listed Investment Companies (LICs) from being designated as Alternative Investment Funds under the 2013 AIFM Regulations, and it would make related changes to other laws to reflect this change. In simple terms, LICs would no longer fall under that regulatory regime, and regulators and fund managers would adjust accordingly.
The bill originated in the Lords and has progressed through 1st and 2nd readings; the Order of Commitment was discharged in May 2024, and it is currently at the 3rd reading in the Lords.
Generated 21 February 2026
22 Nov 2023
1 Mar 2024
1 May 2024
10 May 2024
The 2023-24 session of Parliament has prorogued and this bill will make no further progress.
No recorded votes for this bill yet.
