Tag: FCA

The past week saw appointments and role changes across trading venues, the buy-side, and regulators. 

Following the taskforce report published on 6 February, the FCA is calling on the industry to engage and start planning as soon as possible.

Infinox Capital has been fined £99,000 by the watchdog for failing to submit 46,000 transaction reports between 1 October 2022 and 31 March 2023.

Following the UK’s Financial Conduct Authority (FCA) confirming final rules, the likelihood is for less of a regulatory clash between the US, the EU and the UK going forward, according to Substantive Research.

There are three months to go for the remaining synthetic US dollar Libor settings.

The UK watchdog’s 25 committee members will serve for two years; individuals hail from firms including: Goldman Sachs, Vanguard AM, BlackRock, Morgan Stanley, LGIM, and JP Morgan, among others.

Speaking at an industry event this week, Sarah Pritchard, executive director, markets and international at the FCA, highlighted key themes at the fore of the watchdog’s focus, including: the impact of geopolitical pressures on market development, the rationale behind recent unbundling rules, and the future outlook for insurgent technologies.

The TRADE sits down with Mike Carrodus, chief executive and founder of Substantive Research to unpack the UK’s Financial Conduct Authority’s (FCA) recent bundling rules, discussing the most important considerations for traders, expected speedbumps, and the state of play across the UK, US, and EU.

The UK Financial Conduct Authority (FCA) has opened a consultation on research payment processes; proposed rules set to make it easier to buy research across borders.

The new regime is expected to last five years and is aimed at helping regulators design a better-informed, permanent technology regime for the digital securities market.