On 25th of July 2023 the FCA published its Market Watch 74. Here are the key points of this report.
Reconciliations and Breach Notification
Firms are required to reconcile front-office records with data samples provided by the FCA under Article 15(3) of RTS 22.
Article 26(7) of UK MiFIR required firms to cancel a report which has errors or omissions and submit a new corrected report.
Article 15(2) of RTS 22 and SUP 15.3.11R requires firms to submit a transaction reporting breach notification.