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Regulators try to shore up trading venue perimeter

Montage of FCA and ESMA hqs'.
GRIP Montage: FCA/ESMA

We compare guidance issued by the FCA and ESMA.

As reported previously in a detailed analysis by our contributing authors, Tom Callaby and Liz Jewitt at CMS (which is well worth reading in depth), the FCA published a Policy Statement (PS23/11) in July on the UK regulatory perimeter connected to trading venues.

In short, this