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January 2012


The London Stock Exchange has provided a response to the FSA’s consultation (CP11/19) on Financial Resources Requirements for Recognised bodies.

In summary, the London Stock Exchange is broadly supportive of modernising the current FRR approach and moving to a new risk-based model.  This support is contingent on understanding further the practical application of a new risk-based model and engaging with FSA to ensure that objectively justifiable criteria are applied to determine a Recognised Body’s regulatory capital requirements.

 

LSEG response to FSA Consultation regarding Financial Resources Requirements for Recognised Bodies (pdffile pdf - 203 KB)

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