The proposals aim to broaden investor access to companies in higher growth sectors.

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SONIA Futures and Options, the RFR-equivalent benchmark for Short Sterling, also reached records.

Retail inflows into responsible funds were four times higher in the first half of 2020 than a year ago.

Investors are punishing UK equity funds as a no-deal Brexit once again looms large on the horizon.

Central Securities Depositories Regulation is due to apply in February 2021.

Banks are using lending to pressure clients during pandemic to secure equity mandates.

The new measures will help fintechs raise funds needed to survive the Covid-19 crisis.

Large UK banks are also suspending dividends and buybacks on ordinary shares until the end of 2020.

Companies can also delay their annual accounts during the coronavirus crisis.

The review will be led by Ron Kalifa, chairman of payments firm Network International.