Records must be maintained despite coronavirus disruption, says FCA
Firms urged to let the FCA know if there are difficulties in recording calls, or capturing regulatory data that is due to be submitted.
Firms urged to let the FCA know if there are difficulties in recording calls, or capturing regulatory data that is due to be submitted.
The Autorité des Marchés Financiers has decided to extend a one-day ban on short selling imposed just yesterday to 30 days.
FIA has welcomed the CFTC’s rapid response to the coronavirus pandemic, which includes no-action relief from certain regulatory requirements.
Regulators in the UK, Italy, Spain and France have all restricted short selling activity amid massive equity market declines.
The Committee on Foreign Investment in the United States has given LSEG the green light for its landmark acquisition of Refinitiv.
As the debate around market data costs continues, the FCA is looking for further input from market participants on the issue.
Industry experts believe the UK may decide not to adopt one of the most controversial aspects of the new settlement regulation post-Brexit.
FCA, Bank of England and HM Treasury are investigating how firms will manage a widespread outbreak of coronavirus.
Reporting of derivatives transactions under EMIR has proved problematic for firms and regulators, as trade groups call for a standardised approach.
The number of STORs reported in 2019 declined 8% from 2018, as the FCA says firms are taking more robust steps to tackle potentially harmful trading activity.