Exclusive: FCA Requests Massive Chunk of Data from Brokers

[kreslik.news]

The Financial Conduct Authority has requested a significant chunk of data from brokers, several UK regulated companies confirmed to Finance Magnates. The FCA is starting a “thematic review” of the sector just over three months since the introduction of the new EU regulatory framework.

Firms have been requested to provide data sets related to the introduction of the new leverage cap. Information focused on obtaining detailed before vs after ESMA, data dictates that the FCA is assessing the impact of the new restrictions on brokers.

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

The goal ... (read more)