The FCA’s new investment disclosure regime is a sign that the regulator is more closely scrutinizing compliance and consumer duty outcomes in the sector.
London Stock Exchange
Panel discussion featured senior figures from financial centers in New York, London, Shanghai, Paris, and Riyadh.
London is actively removing market friction to position itself as an agile global financial hub, contrasting itself with the regulatory burdens of the US and the fragmented EU.
The move is part of efforts by the UK regulators and government to cut red tape and reduce regulatory burden on firms, all in an effort to promote growth.
The UK began its journey towards a T+1 settlement cycle back in 2023. The official transition will take place on October 11, 2027.
FCA says having multiple trading venues has benefits, but market participants need a single, centralized source of data for better overall market assessment.
Key takeaways from the Hong Kong Stock Exchange discussion paper on transitioning to a T+1 settlement cycle.
The move is aimed at creating a modern and efficient trading system in the UK, in line with international standards.