FCA warns on conduct risk for housebound capital markets

By Jasper Cox
28 May 2020

The UK’s Financial Conduct Authority has reminded issuers and bankers of rules related to inside information and wall-crossings, as it seeks to make sure standards are upheld in busy markets when participants are working from home.

Some issuers have rushed to the capital markets for debt and equity as a result of the economic shock from coronavirus, while the nature of information that is material to a company’s prospects may also have changed. This increases the challenges of managing inside information.

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