Financial Services and Markets Act 2000 (FSMA): Primary legislation governing financial services and markets in the UK. Essential for fund structuring, marketing, and operations.
Financial Services Act 2012: Reformed financial services regulation in the UK, establishing the FCA and PRA. Key for understanding regulatory oversight of investment funds.
Alternative Investment Fund Managers Directive (AIFMD): EU directive implemented in UK law governing alternative investment fund managers, including real estate funds.
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005: Regulates how financial products, including real estate funds, can be marketed and promoted to investors.
Alternative Investment Fund Managers Regulations 2013: UK regulations implementing AIFMD, specific to alternative investment fund management.
Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019: Post-Brexit regulations affecting collective investment schemes in the UK.
FCA Handbook (COLL, FUND, PERG): Regulatory sourcebooks providing detailed guidance on investment funds, including real estate funds.
Law of Property Act 1925: Fundamental property law governing real estate transactions and ownership in England and Wales.
Land Registration Act 2002: Governs the registration of land ownership and interests in England and Wales.
Landlord and Tenant Act 1954: Regulates commercial property leases and tenant rights, relevant for real estate fund property management.
Money Laundering Regulations 2017: Anti-money laundering requirements for financial services and real estate transactions.
Proceeds of Crime Act 2002: Legislation dealing with money laundering and proceeds of crime, relevant for investor due diligence.
UK General Data Protection Regulation (UK GDPR): Data protection requirements for handling investor and tenant personal information.
Income Tax Act 2007: Tax legislation relevant for fund income and investor returns.
Corporation Tax Act 2010: Corporate tax requirements affecting fund structures and property-holding vehicles.
Stamp Duty Land Tax legislation: Tax requirements for property acquisitions by the fund.
Companies Act 2006: Corporate law requirements affecting fund structure and management entities.
Limited Partnerships Act 1907: Legislation governing limited partnerships, a common structure for real estate funds.
Financial Services and Markets Act 2000 (Regulated Activities) Order 2001: Defines regulated activities requiring FCA authorization, including fund management activities.
