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This year’s Africa Energy Forum presents a unique opportunity for African collaboration
In the rural village of Gwanda, Zimbabwe, a mother walks several kilometres each day to find firewood so she can cook for her children.
FCA publishes feedback statement on protection for long-term asset funds
United Kingdom | Publication | November 2023
On October 30, 2023, the FCA published a feedback statement on coverage under the Financial Services Compensation Scheme for long-term asset funds (LTAFs).
In June 2023, the FCA had sought views on whether it might be appropriate to remove FSCS cover for regulated activities relating to LTAFs, but in light of the feedback received, it has decided not to take forward that proposal. Instead, it intends to consider any changes to the scope of FSCS protection for retail investments in the round, rather than excluding activities relating to certain investment products in isolation.
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The future of regional power trade in Southern Africa
Southern Africa is a key focus of attention at the present time, as it faces a perfect storm of an energy emergency due to hydropower generation being severely impacted by reduced water levels due to droughts whilst the demand of its regional miners for clean baseload power rapidly accelerates.
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