Britain’s financial regulator announced that trading will start on a new private share platform later this year. The platform will allow investors to trade shares of private companies. The Financial Conduct Authority (FCA) said the platform will make it easier for investors to buy and sell private shares.
It will also help private businesses raise money. The London Stock Exchange Group PLC is working closely on the project. It is part of a bigger effort to bring new ideas to financial markets and keep up with changes in investing and technology.
Private trading platform launch
The European Central Bank (ECB) also announced plans to cut down on paperwork for banks. This includes areas like buybacks and new appointments.
But ECB Supervisor Claudia Buch said banks should not expect all rules to go away. The goal is to balance efficiency with keeping strict standards. The changes show a trend in global finance.
Regulators want markets to be more flexible while still protecting investors.
