Page 48 - 期貨和衍生品行業(yè)監管動(dòng)態(tài)（2024年3月）
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期貨和衍生品行業(yè)監管動(dòng)態(tài)
study, which examined competition in the markets for credit ratings data,
benchmarks and market data vendor services.
The regulator has ruled out a significant intervention because of potential
unintended consequences, such as on the availability and quality of data, in a market
relied upon by investors worldwide.
However, across all 3 markets, the FCA has identified areas where competition
does not work well. Users may be paying higher prices for the data they buy than if
competition was working more effectively.
The FCA will take forward ideas to help support wholesale data being available
on fair, reasonable and transparent terms as part of its work to ‘repeal and replace’
assimilated EU law.
Sheldon Mills, Executive Director of Consumers and Competition, said:
'The quality and availability of wholesale data is integral to well functioning
wholesale financial markets.
‘Our market study found that firms can access the data they need to make
effective investment decisions.
‘We do not believe the case has been made for significant interventions.
However, we will examine ways to help support wholesale data being provided on
fair, reasonable and transparent terms.’
The report is part of the FCA’s work to help strengthen the UK’s leading
position as a global and vibrant financial centre, by creating the right conditions for
investment, innovation and sustainable growth, built on globally respected high
standards.
The FCA will continue to consider allegations of anti-competitive conduct in all
markets including in wholesale data markets. The FCA has powers to tackle this
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