Law-Now
02 Dec 2025 ·
International
FCA Policy Statement PS25/17: SI, Market Structure and Transparency Reforms
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OverviewOn 28 November 2025, the FCA finalised a package of reforms in PS25/17 to streamline UK wholesale market rules. The policy statement implements most proposals from CP25/20, notably removing the Systematic Internaliser (SI) regime for non‑equities, easing...
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