FCA calls for wider taping of banker calls and emails

FCA calls for wider taping of banker calls and emails
 

Britain's Financial Conduct Authority has proposed stricter rules requiring bankers advising companies on corporate finance to record all telephone calls and electronic communications, in a bid to clamp down on insider trading and other market abuses.
In its third consultation paper on the European Union's landmark reform of securities markets, published on Thursday, the FCA said it would widen the scope of existing rules on taping calls to include corporate finance activities such as advice on capital raising and mergers.
"The knowledge that telephone conversations and electronic... read more

 
29 September 2016 in Business, Views: 28
Source: Reuters
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