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UK banks find regulator's data request too onerous
Published Mon, Jun 22, 2015 · 09:50 PM
London
THE UK Financial Conduct Authority has stunned banks with a sweeping draft request for data on thousands of bond and equity deals going back over the past five years.
The proposed request is part of the FCA's probe of competition in the investment banking industry launched in May and asked bankers to respond to the feasibility of the wideranging initiative.
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