Market abuse regulation: meeting FCA expectations
ArticleMarket abuse regulation is under growing FCA scrutiny. A strong market abuse risk assessment, surveillance framework, and robust STORs will strengthen your controls.
The Financial Conduct Authority (FCA) have published their Business Plan for 2022/23. This year the plan has a strong alignment with the FCA's strategy, focusing on three areas: 'reducing and preventing serious harm; setting and testing higher standards; promoting competition and positive change.'
The Business Plan also proposes detailed metrics to measure progress against their commitments for 2022/23, emphasising their new desired-outcome driven plan.
David Morrey, Partner, Head of Investment Management, delves deeper into the FCA's plan and priorities, and discuss what it means for businesses in the rest of the year and beyond.
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David Morrey
I am a partner in our Financial Services Regulatory Advisory practice where I help clients dealing with the challenges of current regulation or emerging requirements.View Profile
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FRTB regulation – PRA revises the IMA for market risk
ArticleThe PRA has proposed FRTB regulation changes to the IMA market risk framework under Basel 3.1. Explore what the new rules mean for firms