UK financial watchdog wants more surveillance as Brexit threatens surge in market abuse

Pedro Gonçalves
clock • 2 min read

Banks and brokers must step up surveillance efforts and report suspicious market transactions and be on the lookout for possible leaks of inside information as Brexit threatens to make the industry patchier, Britain's financial watchdog warns.   In a speech at The Association for Financial Markets in Europe (AFME), Julia Hoggett, the FCA's director of market oversight, said the leakage of inside information and the conduct of staff members were a focus of the regulator. She was keen to emphasise  that banks and investment funds need to be far more sceptical of employees who access confid...

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