BOE raises concerns over FCA trading firm capital cuts
The Bank of England warned that FCA plans to lower capital requirements for firms like Citadel could risk stability. The FCA aims to boost UK competitiveness.
Xurve View
Xurve View
The Bank of England raised concerns over Financial Conduct Authority (FCA) plans to reduce capital requirements for specialist trading firms like Citadel Securities. The FCA proposal targets firms including Jane Street and Hudson River Trading to enhance United Kingdom competitiveness post-Brexit. Lower capital buffers could increase systemic risk if major market makers lack the reserves to withstand a financial crisis.
