Report sees progress following UK market review but job ‘far from done’

Implementation report notes good progress, suggest responsibility must now fall to market participants to see through changes

bank-of-england
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"Significant progress" has been made in taking forward recommendations from the Bank of England's Fair and Effective Markets Review – but the "job is far from done", a report has found.

Published today (July 28), the report reviews the implementation of the BoE's recommendations for the fixed income, currency and commodities (Ficc) markets in the UK.

It noted "encouragingly" that action was taking place within firms to "help restore trust" in the wake of a number of high-profile abuses in both

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