BoE has FICC in focus

摘要

The Bank of England last week launched a wide-ranging review of the fixed income, currencies and commodities markets, providing smaller investors with an opportunity to vent their long-running complaints about new issue allocations. The regulator announced a consultation into a range of issues in FICC with the aim of defining what is fair and effective. The Fair and Effective Markets Review, which has already had some initial conversations, will receive formal submissions by January 30 2015 prior to publishing recommendations in June.