FCA warns on conduct risk for housebound capital markets

FCA_Adobe_575x375_28May2020
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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