Dear CEO letter published by Financial Conduct Authority

Regulatory Updates | 18/04/19

On 18 April 2019 the Financial Conduct Authority wrote to CEOs to explain their view of the harm that brokerage firms in wholesale markets pose. The letter sets out key strategies to mitigate harm which focus on compensation and incentives, governance and culture, capacity and conflicts of interest, market abuse and financial crime controls, technology, EU withdrawal together with recommended next steps.