One thing that FCA is good at is trailing its views. So it is that the Asset Management Market Study Final Report contains no real surprises. But lack of surprise does not mean lack of impact. These measures will certainly have that, especially on the pockets of fund managers. And not so much as a pause for breath before going into rule-making mode. CP 17/18 (CP17/18: Consultation on implementing asset management market study remedies and changes to our Handbook | FCA) is the start of the implementation process. ..