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<p>Following the suspension of the Woodford Equity Income Fund (WEIF), HM Treasury
has discussed the liquidity rules for UK UCITS funds with the Financial Conduct Authority
(FCA), which is responsible for the ongoing supervision and regulation of the UK’s
financial services sector, including investment funds.</p><p> </p><p>The FCA have
launched an investigation into the events leading up to the suspension of the WEIF.
The investigation will determine the facts of the case, including whether any rules
have been broken, and inform any future decision on whether rule changes are required.</p>
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