The Bank of England, the Financial Conduct Authority and HM Treasury have published the FEMR Progress Report which set out the significant progress made in responding to the recommendations of the Review. The progress report concluded that ‘industry must take a leading role in monitoring developments and ensuring that market infrastructures and practices keep pace with innovation. The authorities stand ready to support industry’s efforts in this regard and catalyse reform held back by private sector co-ordination failures.
Published on
24 May 2018