AMP Capital Modern Slavery Statement
Here is our statement and position on Modern Slavery, which details the steps we have taken and our continued approach to addressing Modern Slavery risk in our supply chain and any part of our broader business.
FATCA & CRS
FATCA (Foreign Account Tax Compliance Act) is a US driven regulatory requirement being implemented globally, aimed at ensuring US taxpayers do not avoid paying tax on income earned outside of the US.
CRS (Common Reporting Standards) is a new set of regulations that have been developed as a single global standard for exchanging foreign tax resident information between tax authorities worldwide.
Indirect costs and transactional & operational costs will be included in disclosures. These fees and costs have always existed and factored into your net-of-fee return. Managed fund and superannuation product disclosures are impacted in different ways.
The UK Financial Conduct Authority (FCA) has set a 31 December 2021 deadline as the date banks on the LIBOR panel will no longer be compelled to quote LIBOR benchmark prices. The London Interbank Offered Rate (LIBOR) is calculated from market trades and “expert opinions” via submission from a panel of banks intended to reflect the unsecured rates they will borrow and lend to each other. Many investment funds purchase and hold securities linked to LIBOR that contribute to the fund valuation and returns.
AMP Capital Investors (UK) Limited is authorised and regulated by the UK Financial Conduct Authority. Registered Office at Companies House, 6th Floor Berkeley Square House, Berkeley Square, London W1J 6BZ (no. 05524536). While every care has been taken in the preparation of this information contained in this website, neither AMP Capital Investors (UK) Limited nor any member of the AMP Capital and AMP Groups make any representation or warranty as to the accuracy or completeness of any statement in it including without limitation, any forecasts. This content has been prepared for the purpose of providing general information only, without taking account of any particular investor’s objectives, financial situation or needs. Investors should, before making any investment decisions, consider the appropriateness of the information on this website, and seek professional advice, having regard to their objectives, financial situation and needs. All information on this website is subject to change without notice.