UK to water down regulations for financial benchmarks
Most index providers will be exempt from UK rules under a scaled-back regime
Most index providers will be exempt from UK rules under a scaled-back regime

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

FCA says ‘consolidated tape’ for equities will bring benefits worth £100mn over next decade

Bankers are expecting easing of leverage ratio as part of forthcoming review

Political pressure in response to public anxiety will demand policy responses

Plus the social media lawsuits

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