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FCA Alarms Wholesale Brokers of Wind Down Risks in Adverse Markets

FCA Alarms Wholesale Brokers of Wind Down Risks in Adverse Markets

The Financial Conduct Authority (FCA) issued a letter on Wednesday to the Chief Executive of wholesale brokers in London, highlighting potential "systemic defaults" that may not be resilient towards sudden market shocks and longer periods of stress.

FCA's Concerns over the Business Practices of Brokers

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Posted: Jan 12 2023, 09:15
Author Name: financemagnates
Views: 112588

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