With the end‑of‑August filing deadline approaching, a new round of approvals for fund advisory licenses has entered its final sprint. Since the pilot began in 2019 the number of licensed fund advisers has risen from 5 to 60; industry participants say the expansion, coinciding with the window to convert the pilot into a routine regime, marks a key transition toward normalizing fund advisory services.

2026-08-18

With the end‑of‑August filing deadline approaching, a new round of approvals for fund advisory licenses has entered its final sprint. Since the pilot began in 2019 the number of licensed fund advisers has risen from 5 to 60; industry participants say the expansion, coinciding with the window to convert the pilot into a routine regime, marks a key transition toward normalizing fund advisory services.