FSL Chain Mail
Summary
Following our recent CGiX User Group, many customers showed an interest in being kept up to date on the key areas so we have launched FSL Chain Mail. In this first edition, we focus on recent announcements from the FCA regarding their plans to increase innovation in the investments industry by adapting and expanding its sandbox. FT Adviser reports that the FCA’s Chief Data Officer, though pleased with the progress that the sandbox has made, is keen to see some new “offerings from the asset management and retirement savings sectors”. At a time when Brexit and the election has led to unstable markets there was some positive news, The Telegraph headline read “Investors desert Eurozone stocks far more than in UK”. The article claims that “investors have pulled money out of European stocks at almost double the rate seen in Britain since before the Brexit referendum, despite political deadlock casting a shadow over the London market”.
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