FCA quizzes asset managers on market abuse controls

Questionnaires sent to firms

Mike Sheen
clock
The FCA has sent asset managers a questionnaire examining market abuse controls
Image:

The FCA has sent asset managers a questionnaire examining market abuse controls

The Financial Conduct Authority (FCA) has taken its first step in a renewed focus on market abuse in the asset management industry, as the regulator looks to expand its risk management expectations of the sector.

Asset managers have recently been contacted by the FCA, according to Investment Week sources, which sent them a questionnaire examining their risk management procedures in reporting and preventing market...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Regulation

FCA scraps MiFID research rules on small-caps

FCA scraps MiFID research rules on small-caps

£200m threshold

clock 30 November 2021 • 1 min read
The Financial Conduct Authority's headquarters

FCA says Investment Firm Prudential Regime will require individual disclosure

Comes into effect 1 January 2022

clock 26 November 2021 • 1 min read
FCA streamlines decision-making process

FCA streamlines decision-making process

'Concern of procedural fairness'

clock 26 November 2021 • 2 min read
Trustpilot