Podcast — UK FinReg Focus Areas in 2025: Wholesale Markets
Brexit & Financial Services: Preparing for the End of the Transition Period
On 22 August 2025, the Financial Conduct Authority (“FCA”) published its high level observations following a multi-firm review of algorithmic trading controls. During the review, the FCA assessed a sample of principal trading...more
New ESMA guidance less strict than the established UK position on PFOF. On 13 July 2021, ESMA published a statement on payment for order flow (PFOF), the practice of brokers receiving payments from third parties for...more