European Securities and Markets Authority (ESMA) does not expect to authorise a consolidated tape provider (CTP) for bonds until Q4 2025; Financial Conduct Authority (FCA) has effectively met its commitment to have a regime for a UK CT in place by 2024.
Investment firms must improve market stress assessments when it comes to liquidity adequacy, says FCA
Currently “most” firms have not gotten into the habit of regular reviews and subsequent adjustments to their liquid asset levels in line with external market changes, said the regulator.
New instrument replaces existing EU law retained after Brexit; HM Treasury is accepting comments on the proposed new rules until 10 January 2024.
Provider power is creating a dynamic in which asset managers and banks are on an unsustainable path - it will become economically un-viable, Substantive Research chief told the TRADE.
The regulator’s decision on how to define a multilateral trading facility follows the close of the consultation period last November.
FCA’s consultation period for UK consolidated tape closes with market expressing key considerations ahead of its development
AFME lists key considerations to take on board around the establishment of a UK consolidated tape as the FCA’s consultation period, set out in July, closes on Friday.
Newest communication follows watchdog’s findings in March that found competition in the wholesale data market lacking.
The new framework proposes that venues listing crypto assets should shoulder the responsibility of the issuer in cases where none exist – as is the case for Bitcoin, asserts an Acuiti report.
A welcome freedom, temporary measure or futile task?: The industry reacts to the UK’s new research proposal
Following last’s night Mansion House address, industry experts provide insights into the latest research developments to improve the attractiveness of UK markets.