Asian firms mull UK's commission rules
Regulations recently issued by the UK's Financial Conduct Authority on the use of dealing commissions are likely to affect the pricing and distribution of research, industry players say.
New UK rules on how dealing commission payments can be used may present opportunities for independent research providers to undercut investment banks.
But the extent to which Asian regulators follow suit will determine how independent research houses in the region fare, said industry participants.
Last month, the UK’s Financial Conduct Authority (FCA) issued rules on the use of dealing commissions*, which will take effect next month.
They narrow the scope for managers to pas…
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