The UK's Financial Conduct Authority (FCA) has published new proposed rules requiring asset managers of long-term investment funds, such as property funds, to implement a 90-day notice period for investor redemptions. This move aims to boost market confidence and reduce the risk of redemption suspensions due to illiquidity during periods of market stress or volatility. Existing funds will have two years to comply with the new rules and will need to provide investors with one year's notice. The proposal aligns the UK with international liquidity standards for open-ended funds. The FCA is seeking feedback on the proposal, with a deadline of December 11, 2026.