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FSA Highlights MIFID Risks as Loss in Transparency, Negative Impact on Market Confidence

In its Financial Risk Outlook 2008 (FRO) the UK’s Financial Services Authority (FSA) has highlighted MiFID’s part in consolidation and fragmentation risks facing capital markets and exchanges. These include a potential loss in transparency for both regulators and market participants due to fragmentation, and a dip in market confidence if MiFID is not properly monitored and enforced.



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