The FTSE 100 opened down 0.5% this morning, in the first trading session since the terrorist attacks in Paris on Friday night.
FCA chairman John Griffith-Jones has said a delay to MiFID II implementation is "not ideal" but a year-long reprieve would provide a more achievable timeframe for firms.
Emerging market turmoil causing significant outflows
Ousted IA chief plans investment management role
Private investments now 10% of portfolio
Fitch Ratings has said bond managers' efforts to improve the liquidity profile of their funds are still insufficient to meet redemptions if investors begin rushing for the exit.