FCA faces post-Brexit accountability and resourcing challenges

As the UK’s Future Regulatory Framework looks to increase the FCA’s powers, sources wonder whether the proposed accountability mechanisms and resourcing will be sufficient to support this enhanced mandate

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Two of the seven USD Libor maturities discontinued at the end of 2021, and the other five – overnight, one, three, six and 12 months – will follow in June 2023, we surveyed the market to gauge readiness