FCA Supervisory flexibility on RTS 27 reports

On March 19, the FCA announced temporary measures with respect to RTS 27 reports and 10% depreciation notifications. 


RTS 27

The FCA will not take action against firms who do not produce RTS 27 reports for the rest of 2021. They are also preparing a consultation of the RTS 27 reporting obligation with a view to removing it given concerns around the value the reports bring and the burden involved in producing them.


10% depreciation notifications

Similar to the consultation of the RTS 27 reporting requirements, the FCA are preparing to evaluate on the effectiveness of the 10% depreciation notification requirement. Consequently, they are extending the temporary measures on the requirement for firms to issue 10% depreciation notifications to investors (COBS 16A.4.3 UK) until the end of 2021. 

Learn more

FCA market watch 66 - Market conduct and transaction reporting issues


Learn more

FCA statement on the operation of the MiFID markets regime post-Brexit


Learn more


About SteelEye

We transform compliance through data innovation – making data that otherwise wouldn’t work together, work. This enables financial firms to effortlessly and accurately comply with a range of regulatory obligations, and ensures regulators have the data they need to effectively maintain the stability of the financial markets.

Our data-centric SaaS platform consolidates financial firms' data, both structured and unstructured, under a single lens and facilitates compliance with MiFID II, MAR, EMIR, Dodd-Frank and more. This enables them not just to comply smarter but also harness their data for enhanced business insight.

Learn more


Note: The information on this page represents SteelEye’s sole interpretation of the regulatory guidelines and updates and should not be relied on in any way. This interpretation is not legal advice. Always consult your compliance and legal team before making any changes to your regulatory operations.


Latest News

SteelEye’s Surveillance Round-Up – Key Takeaways from XLoD 2022

| 21 Nov 2022

SEC collects record penalties of $6.4 billion in 2022

| 18 Nov 2022

Wall Street WhatsApp fines – small firms could be next, warns SteelEye

| 15 Nov 2022

Market Abuse & Trade Surveillance: How to identify Wash Trading

| 10 Nov 2022

SteelEye named Best Market Surveillance Tool by Waters for Third Year

| 04 Nov 2022

Flexible working benefits mental health but WFH exposes compliance risk

| 27 Oct 2022