The new consultation will call for clarity on acceptable market conduct
Britain’s Financial Conduct
Authority (FCA) is planning to consult on changes to market
conduct, in order to increase transparency and clarity
surrounding practices at fixed income, currencies and
The new market consultation will hit the
market in "the next few months," said Barry King, technical
specialist at the regulator, on the sidelines of the FOW
Regulation 2015 conference in London on Tuesday.
King told FOW that the consultation is
designed to create more clarity on the specifics of acceptable
– and not-acceptable – market conduct.
FCA's King told panellists on the
event’s 'culture and conduct’ session
that the market collaboration – due in the autumn -
comes as the regulator works to provide some "consistency in
market abuse regulation," and that the regulator intends to
keep many of the existing examples and information where
relevant, but "we want to provide additional guidance where we
can on market abuse rules."
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