Ensuring Optimal Regulations in the UK's Capital Markets: The FCA's Commitment
The Chancellor of the Exchequer recently announced proposals to strengthen the UK's position in global wholesale markets. In response, the FCA has committed to working with the Treasury and other stakeholders to make regulatory changes that will improve investor research into markets while providing value for money to both institutional and retail investors. The FCA will start attending to feedback from the market on potential regulatory changes with a goal of consulting on new rules on an accelerated timeline in H1 2024. In the meantime they are also open to considering taking swift actions that may be needed to support firms impacted by regulations in other jurisdictions.