UK seeks to revive dwindling stock market with single source of data
FCA says ‘consolidated tape’ for equities will bring benefits worth £100mn over next decade
FCA says ‘consolidated tape’ for equities will bring benefits worth £100mn over next decade

Regulator seeks to tackle ‘drastic under-reporting’ of market liquidity

Most index providers will be exempt from UK rules under a scaled-back regime

FCA overhauls regulations in break with EU rules and more in line with the US

Fast-growing market comes under greater scrutiny for potential risks after series of setbacks

But it relies on a host of rosy assumptions going in investors’ favour

FCA says ‘streamlining’ of requirements to report transactions will save companies more than £108mn a year