Britain sets out blueprint to improve capital markets

Britain’s finance ministry set out plans to make the country’s capital market more attractive following Brexit, saying it will create a simpler regime for investors.

The ministry said it would remove restrictions on how banks and brokers execute transactions to ensure that market participants can get the best outcomes for investors.

It said it will reconfigure the transparency regime for fixed income and derivatives markets to remove unnecessary burdens on firms.

Britain will also reduce the scope of limits on positions in commodities, the ministry said.

“These are common sense yet significant changes,” financial services minister John Glen said in a speech to AFME, a financial sector industry body.

The Financial Conduct Authority will also support setting up a consolidated tape or real time feed of transactions prices, it added.

“It will give investors a clear source of information,” Glen said.