Financial data
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John Wood Group fined £12.9m by FCA for issuing misleading statements
The company agreed to resolve the case at an early stage and qualified for a 30% discount on the penalty imposed. The original fine was £18.5 million.
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ONS asked to take decisive action to restore confidence in its data
The UK’s Office for Statistics Regulation has published an interim report into the ONS’s performance.
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Deep market engagement needed in the face of accelerating change says FCA chief Nikhil Rathi
Freeing up capital, increasing liquidity and shifting from reactive to proactive regulation were all identified as key to addressing ‘predictable volatility’.
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UK Consolidated Tape consultation under way
The FCA proposal is limited in scope, focusing on a possible regulatory framework for a UK Consolidated Tape (CT) for bonds only.
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FCA publishes trade data report
UK consolidated tape back on the regulatory agenda with a study on the wholesale data market also launched.
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Consolidated Tape – New rules in the US and the EU
Attempts to reform market microstructure include changes to the consolidated tape in the US and moves to enable the emergence of a consolidated tape in the EU and UK.
