Skip to main content

      Against a backdrop of geopolitical tensions, sluggish economic growth and industry demands for simplification, regulatory frameworks are being adapted at pace to facilitate growth, competitiveness and innovation.

      In this rapidly changing regulatory environment, KPMG’s 2025 Evolving Asset Management Regulation report serves as an essential resource for navigating today's shifting asset management regulatory landscape.

      This year’s report – the 15th in the series – features analysis of more than 200 regulatory developments across nearly 30 jurisdictions and global standard-setting bodies. Leveraging the KPMG member firms deep experience and innovative tools, this report identifies and explores the six key areas where asset management executives and firms will want to focus going forward.



      Six key regulatory themes for asset managers

      Delivering growth and competitiveness

      With shifting economic dynamics and a push for competitiveness fostering growth is now a top priority on the regulatory agenda.

      Public and private markets

      The gap between public and private markets is narrowing as alternatives go mainstream, hybrid products emerge, and regulation reshapes access for a wider range of investors.

      Digital innovation and artificial intelligence

      Digital assets and AI are being tested in real-world applications, with firms prioritizing efficiency and regulatory compliance.

      Protecting investors

      Investor protection remains a top regulatory priority, with some regulators reallocating resources to strengthen focus on this critical area.

      Firm and system resilience

      Resilience is evolving into a strategic advantage, enabling firms and the broader financial system to manage emerging vulnerabilities effectively.

      ESG and sustainable finance

      Sustainability-linked rules are moving from rapid development to a thoughtful phase of review and optimization.


      Evolving asset management regulation 2025 report

      An essential resource for navigating today's shifting asset management regulatory landscape


      How KPMG can help

      KPMG’s global network of asset management practices offers a wide range of services to clients at national, regional and global levels. KPMG professionals in Audit, Tax and Advisory are specialists in their fields and have deep experience in the issues and needs of investment management businesses.

      KPMG clients include investment managers, wealth managers, fund administrators and service providers which focus on mutual funds, hedge funds, private equity funds, infrastructure funds and real estate funds, and institutional investors such as pension funds and sovereign wealth funds.

      We have a range of services that can help you address risk and regulatory change and use it to accelerate business transformation. Contact us today to learn more.

      This article was originally published by KPMG International.

      Our experts

      Stanislas Chambourdon

      Partner, Growth and Strategy

      KPMG in Luxembourg

      Vincent Ehx

      Partner, Asset Servicing Market Leader

      KPMG in Luxembourg

      Chrystelle Veeckmans

      Partner, EMA Head of Asset Management

      KPMG in Luxembourg

      Benjamin Toussaint

      Partner, Alternative Investments Market Leader

      KPMG in Luxembourg


      Mickael Tabart

      Partner, Private Equity Market Leader

      KPMG in Luxembourg

      Joseph de Souza

      Partner, Real Estate Market Leader

      KPMG in Luxembourg

      Annick Breton

      Head of Consulting

      KPMG in Luxembourg

      Cindyrella Amistadi

      Partner, Advisory

      KPMG in Luxembourg