MFA statement on FCA transaction reporting reforms

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MFA statement on FCA transaction reporting reforms

mfaalts

1 week ago

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London, UK — MFA issued the following statement on the Financial Conduct Authority’s (FCA) final transaction reporting reforms:

“The reforms are a missed opportunity to strengthen meaningfully the competitiveness of the UK as a destination for international asset managers. Asset managers will still need to maintain costly reporting infrastructure that delivers limited proportional benefit. This needs to be addressed as part of the FCA’s initiative to harmonise transaction and post-trade report...

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