The City watchdog will allow advisers to take a flexible approach on the 10 per cent depreciation notifications in light of the volatile market conditions caused by the coronavirus crisis. In a Dear CEO letter to firms
The Financial Conduct Authority (FCA) is considering temporarily suspending the Mifid II rule that requires investment managers to disclose a 10% portfolio drop within 24 hours. The rules, which came in with Mifid II in January 2018,
UK regulator the Financial Conduct Authority (FCA) is asking British firms to delay publication of preliminary results for at least two weeks in response to business disruptions triggered by the Covid-19 crisis in the last couple of
The UK Financial Conduct Authority (FCA) will not require firms to back report any transactions that are concluded between 13 April and 13 July under the Securities Finance Transaction Regulation (SFTR).
The UK market regulator has
The Personal Finance Society (PFS) has called on the FCA and government to relax some aspects of Mifid II to ease the burden on IFAs and consumers during the coronavirus pandemic. Keith Richards, chief executive of the PFS
UK market participants have been urged to continue capturing records and data as firms move staff to alternative sites or working arrangements, the Financial Conduct Authority (FCA) has said. In a statement on its response to