FCA scraps MiFID research rules on small-caps

£200m threshold

clock • 1 min read
FCA scraps MiFID research rules on small-caps
Image:

FCA scraps MiFID research rules on small-caps

The Financial Conduct Authority will scrap MiFID rules on research for companies with a market cap of less than £200m in order to increase the research coverage from SME issuers and “create a regime that is proportionate to the risks of inducements that arise”.

In a policy statement issued today, the FCA said the new inducement rules mean research on firms below the threshold can be provided by brokers to asset managers on a "bundled basis" or for free. Other...

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

Comments from the public have been requested on more than 20 questions and will be accepted for three months.

Fed issues discussion paper and asks for feedback on digital currency

No outcome favoured

James Baxter-Derrington
clock 21 January 2022 • 1 min read
$2.3trn market cap

Bank of Russia calls for all-out ban on cryptocurrencies

High volatility and fraud

clock 20 January 2022 • 1 min read
Andrew Bailey questioned before Treasury Committee

Energy prices and labour supply threaten financial stability says Bank of England governor

Treasury Committee meeting addresses inflation

Georgie Lee
clock 19 January 2022 • 2 min read
Trustpilot