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UK wholesale brokers told to focus on detecting misconduct by FCA

( January 24, 2025, 13:41 GMT | Official Statement) -- MLex Summary: UK wholesale brokers have been told to focus on detecting misconduct and enhancing oversight to prevent "undesirable" behavior. In a letter from the Financial Conduct Authority on the watchdog's priorities for 2025, chief executives of wholesale brokers were also told to improve financial resilience and maintain adequate levels of capital and liquidity. Letter is attached....

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