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      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.

      Daniel Barry

      Partner, Wealth & Asset Management

      United Kingdom

      evolving-asset-management

      Evolving asset management regulation 2025 report



      Six key regulatory themes for asset managers

      Select one of the chapters below to get an overview of each of the six key regulatory themes. Or download the full report to get all the details from around the world.


      A new direction for regulators

      Look for opportunities to offer retail investors private asset exposure within robust governance arrangements.

      Continue to develop compliant AI use cases and work with pilot regimes to explore the benefits of AI, tokenisation and digital assets.

      Use new conduct frameworks to encourage a positive shift in culture and to re-evaluate whether current products and services continue to meet customer needs.

      Look at operational resilience as a source of competitive advantage and focus on moving it out of project implementation and embedding it across the first line of defense.

      Capitalise on efforts to simplify disclosure requirements and assess newly available data points to better inform investment decision-making.


      How can KPMG help

      KPMG’s global network of asset management and sustainable finance professionals can help organisations turn regulatory change into growth opportunity.

      KPMG professionals take a holistic view of regulation related to your business, integrating viewpoints gained from working with investors, managers, regulators and service providers to help clients make informed decisions that can help drive their business forward in times of uncertainty.


      Our risk and regulation insights

      The articles on this page provide insights on the evolving investment management regulatory environment.

      Providing pragmatic and insightful intelligence on regulatory developments.

      Our people

      Daniel Barry

      Partner, Wealth & Asset Management

      United Kingdom

      David Collington

      Wealth and Asset Management, EMA FS Regulatory Insight Centre

      KPMG in the UK



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