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Improved financial reporting will be explored in UK and internationally, FCA chief executive says

( October 27, 2022, 15:30 GMT | Official Statement) -- MLex Summary: Disruptive market events highlight the need for improved regulatory reporting and oversight in the UK and abroad, the Financial Conduct Authority’s chief executive said in a speech. Nikhil Rathi said the UK regulator would explore this with international peers after unprecedented events, including the default of Archegos, the temporary suspension of nickel trading on the London Metal Exchange and market turmoil in the UK including with government bonds. There are lessons to be learned, and in each case the need for better reporting can be observed, Rathi said.Speech follows....

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