The proposed amendments would eliminate filing requirements for smaller advisers.
The FCA has consulted on the UK consolidated tape and transaction reporting.
ICMA strongly supports the objective to deliver a streamlined framework that will cut costs for business.
The bank breached reporting rules on credit risk & valuation adjustment risk.
The changes aim to reduce reporting burdens without affecting the ability to assess relevant information.
The UK regulator said transaction reporting proposals will save firms £100m a year.
The French bank will remain a systematic internaliser for equity and equity-like instruments.
Transaction reporting can entail "staggering complexity with hundreds of fields."
Compliance date for reporting by alternatives managers has been extended by one year.
