Six-hour briefing
Fintech Briefing:
What changed in fintech over the last 6 hours
Top Stories
- FCA finalises changes to UK transaction reporting regime
The FCA has finalised changes to the UK transaction reporting regime following a consultation last year. The regulator estimates that the industry currently spends £493 million annually on transaction reporting and expects the reforms to save more than £100 million a year.
Source-stated significance: These are arguably the most significant changes to UK MiFIR transaction reporting since MiFID II came into force in 2018.
Since the last briefing
- · 1 new major story
- · 1 new regulatory development