Author: Karen Cooper

UK MiFID: FCA introduces new post trade designated reporting regime for all asset classes

In policy statement 23/4, the FCA has finalised a first set of amendments to UK RTS 1 on equity post-trade reporting and pre-trade transparency waivers, and the tick size regime in UK RTS 11. In particular, following industry feedback, the FCA is also putting in place a new designated reporter regime with a view to simplifying responsibility for post-trade transparency. The policy statement also sets in motion further work on guidance in the event of market outages and provides an update on FCA work in respect of the Retail Service Provider model.