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UK financial sector sees further cuts to data-reporting requirements

( June 6, 2025, 14:46 GMT | Official Statement) -- MLex Summary: The UK's Financial Conduct Authority is seeking feedback from the sector on a proposal to further simplify data-reporting requirements. The FCA had already found three redundant data returns and pledged to remove them from its rulebook earlier this year. In its quarterly consultation, the watchdog also suggested to cut reporting requirements for funds’ assessments of value to reduce the costs for asset managers. The consultation is open until July 11.Consultation is attached....

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