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FCA asks City for more data in bid to head off next crisis
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fnlondon.comCity firms will have to hand over more data to the regulator as the Financial Conduct Authority looks to get ahead of the next crisis in markets.
The FCA will introduce a new regulatory return for some 20,000 firms "to provide a baseline level of information about their financial resilience", it said in its latest business plan published 5 April — a "key step" to weed out the stresses that cause firms to fail.
The...
Read more on fnlondon.comAbout this in other media
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