Therese Chambers discusses FCA’s work to combat market abuse

Article summary

The Financial Conduct Authority (FCA) has published a speech by its joint executive director of enforcement and market oversight, Therese Chambers, delivered at the Market Abuse and Market Manipulation Summit, in which she discussed the FCA’s ‘three Ps’ approach—being predictable, proportionate, and purposeful—to combating market abuse. Chambers said the regulator is streamlining transaction reporting requirements to reduce burdens on firms, and called for a collaborative approach to completing the market integrity ‘jigsaw’.