Shield - Read the FCA’s Market Watch
This article begins with a yawn. The mere mention of a regulatory authority's publication or planned set of guidelines triggers a reflexive reaction that sets us up for a snooze fest. Reading them on a regular basis – as they are published – as part of your job's routine best practice sounds about as appealing as a long winter's nap curled up beside a hibernating bear. Thank you, but no! However, that is precisely what each of us in the RegTech industry should be doing. Market Watch is published on a regular basis by the Financial Conduct Authority (FCA) for a reason: there is always something new to learn. The FCA's acts apply to more than 51,000 financial institutions. With so many rules in place, Market Watch notifications are the only method to effectively communicate changes. The FCA utilises Market Watch to highlight enforcement outcomes, not just as a courtesy — in the form of censored case studies The former makes it appear as if the notification is giving some