FCA aims to cut compliance costs through proposals for wholesale markets reform

By Neasa MacErlean

Reducing compliance costs is a majoraim of an FCA consultationon reporting requirements related to trading venues, planning for outages andother parts of the functioning of equity secondary markets. The move is part ofa staggered process of consulting on the implementation of topics within the WholesaleMarkets Review — the Treasury initiative aimed at taking advantage of “newfreedoms” in the wake of Brexit.