UK FCA wants daily reports on any significant deterioration in market conditions


UK’s Financial Conduct Authority wants reports on gilts and related markets

  • daily reports on any significant deterioration in market conditions

Reuters with the title citing an anonymous source.

I guess the only thing worse than that is not getting such reports?

This comes after the huge disruption in gilts and sterling in response to the unfunded tax cut plans of the new UK government (new Prime Minister and Chancellor at least). Markets rebounded after the intervention of the Bank of England.


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