Financial Conduct Authority, FCA, is a non-governmental body based in the UK which regulates financial firms providing service to consumers and maintains the integrity of the financial markets. This financial regulatory body materialized after the Financial Service Act 2012 abolished FSA and created a new regulatory structure. The FCA Transaction Reporting works in conjunction with other sectors and firms like banks, financial advisers and mutual societies
FCA Transaction Reporting
Transaction reporting involves the submission of transaction data to the Financial Conduct Authority for investigation to detect any form of market abuse. The data should be complete and accurate regarding the type of instruments, when and how they are traded, by whom and to whom. All transaction reporting requirements and proceeds are outlined in various reference materials such as SUP 17A of the FCA Handbook, Markets in Financial Instrument Directive, MAR Market Conduct (MAR 9.5), to name but a few.