FSA warns Mifid could increase market abuse and announces new financial crime division
The UK Financial Services Authority warns that Mifid could make it more difficult to monitor market abuse.
The UK Financial Services Authority (FSA) has warned that the implementation of the Markets in Financial Instruments Directive (Mifid) could make it more difficult to monitor market abuse.
The expected increase in trading platforms in a post-Mifid market environment would make it more difficult for regulators to collect comparative data on trading behaviour, which could weaken their ability to combat market abuse. Although Mifid was designed to make markets more transparent, it appears to be
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