2023-09-15
Added · Updated
The Financial Conduct Authority proposes a regulatory framework for a UK Consolidated Tape for bonds, selecting a single Consolidated Tape Provider through a tender process to replace the existing regime that allowed multiple competing providers. The document outlines proposed criteria for the tender, including minimum eligibility conditions, service quality requirements, and operational rules for data collection, dissemination, and governance. It sets a timeline for finalizing rules by 2024, with the aim for the Consolidated Tape to begin operating in the course of 2025 following the appointment of the chosen provider.
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