1、Igniting growthEvolving asset management regulation 2025 reportKPMG.Make the Difference.KPMG I global networkMember firm practices offer specialized services to a wide range of industry clients at local,national and global levels.KPMG professionals in Audit,Tax and Advisory are specialists in their

2、fields and have deep experience in the issues and needs of investment management businesses.Regulatory Insight CentreKPMGs EMA Regulatory Insight Centre provides pragmatic and insightful intelligence on regulatory developments.It supports and enables clients to anticipate and manage the impact of re

3、gulatory change across the UK and EU.Global perspectivesKPMGs new thought leadership publication explores the implications of regulation across the global landscape,looking at trends such as the potential for deglobalization and further regulatory divergence,highlighting key areas of regulatory focu

4、s and opportunity.KPMG Regulatory HorizonRegulatory Horizon is a foundation stone for this years edition of the Evolving Asset Management Regulation report.Powered by KPMG technology and specialists,Regulatory Horizon covers a live feed of more than 170 sources across 70 broad themes and specific re

5、gulations to help clients shape their regulatory change management processes.A wide variety of acronyms are used in this report.For definitions,please refer to EAMR abbreviations at the end of the report.2|Evolving asset management regulation 2025 report 2025 Copyright owned by one or more of the KP

6、MG International entities.KPMG International entities provide no services to clients.All rights reserved.ContentsForeword 04About the authors 05Executive summary 06Key regulatory milestones around the world 0801.Delivering growth and competitiveness1002.Public and private markets2103.Digital innovat