Clifford Chance
UK FCA publishes interim report of investment and corporate banking study
18 April 2016
The UK Financial Conduct Authority (FCA) has found that, while many clients feel well served by primary capital market services, contractual and other practices may need to be addressed to facilitate competition. Further consideration is also being given to barriers to entry / expansion as well as the IPO process.
The study, launched in May 2015, arose from the FCA's 2014 review of competition in the wholesale sector.
