德勤：2026年投资管理监管展望报告（英文版）（16页）.pdf

1、2026 investment management regulatory outlook2026 investment management regulatory outlook1Balancing product innovation and investor protectionThe regulatory environment for investment management shifted quickly and significantly in 2025.For 2026,we have focused our outlook on three core themes:(1)i

2、nnovation,(2)regulatory flexibility,and(3)examinations and enforcement.Throughout our outlook,we explore key developments under each of these topics and answer the questions:What happened?Why is it important?How should firms respond?Message from the Deloitte Center for Regulatory StrategyLooking ahe

3、ad to what 2026 may hold for firms,technological and product innovationdriven by regulatory opennesswill likely be the predominant factors.The Securities and Exchange Commission(SEC)continues to allow firms more time to implement new regulations like the Names Rule and amendments to Form PF.There is

4、 also a willingness on the part of the agency to provide“no-action”relief and other forms of guidance to the industryregulatory flexibility is a trend that we expect to continue in 2026.1While the SEC recalibrated its approach to enforcement in 2025,disbanding its digital assets enforcement team,rea

5、llocating resources from enforcement to examinations,and dropping its electronic communications sweepnew SEC Chair Paul Atkins has repositioned examinations and enforcement resources to focus on investor protection and fraud.2 Therefore,we caution firms against becoming overly complacent with their

6、compliance programs.Maria GattusoInvestment Management Leader,DCRS Principal Deloitte&Touche LLPIrena Gecas-McCarthy FSI Director,Deloitte Center for Regulatory Strategy(DCRS),US Principal Deloitte&Touche LLPMeghan Burns Manager Deloitte Services LPLike 2025,we expect that firms will be navigating d