MW63: TRANSACTION REPORTING DURING COVID

May 28, 2020

The FCA has released Market Watch 63 and made a clear statement about the importance for Transaction Reporting to enable them to perform monitoring during the coronavirus crisis;

“We recognise the uncertainty created by the coronavirus crisis and operational challenges arising from the public policy on social distancing. However, we expect all market participants to continue to act in a manner that supports the integrity and orderly functioning of financial markets.”

“During this period, we will be monitoring market activities to identify behaviours which may impact the integrity and orderly functioning of the market. We will use our full range of tools to do so, including transaction reporting.”