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Importance of data from NBFIs reaffirmed by UK financial watchdog

( August 11, 2025, 10:31 GMT | Official Statement) -- MLex Summary: Non-Banking Financial Institutions in the UK have been told once again that they'll be required to provide more data, as financial regulators across the world tighten their oversight of the sector. In a blog post for the Financial Conduct Authority, its deputy chief Sarah Pritchard said the FCA is “taking steps to evaluate what data we need, and switching off regulatory reporting returns that are no longer relevant.” The Financial Stability Board recently issued recommendations to financial regulators to improve the risk monitoring of NBFIs.Statement is attached....

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