HM Treasury has published its consultation response to the Wholesale Markets Review, setting out summaries of responses received to its proposals and how changes will be progressed..
The U.K.’s policy approach to regulating secondary markets and investment firms, now that the U.K. has left the EU, has been confirmed by the government. Last year, HM Treasury.
The consultation response heralds innovation-friendly reform to the UK wholesale capital markets regime. On 1 March 2022, HM Treasury published its response to the July.
<h2>Highlights</h2>
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<li>We will consult in 2022 H1 on changes to elements of UK equity market functioning </li>
<li>Areas of potential change include removing restrictions on reference price transactions, simplifying who can report trades, and leveraging industry standards to make trade reports more useful</li>
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