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FCA removes 25% concentration limit for UK UCITS investing in other collective investment schemes
On 26 March 2026, the Financial Conduct Authority (FCA) issued the Collective Investment Schemes Sourcebook (Concentration Limits) (No 2) Instrument 2026 (FCA 2026/15), which amends the Collective Investment Schemes Sourcebook (COLL) to remove certain concentration limits applicable to UK UCITS schemes investing in other collective investment schemes (CIS). The instrument deletes COLL 5.2.29R(3), which had restricted a UCITS scheme from investing more than 25% of its scheme p
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