The U.K.'s Financial Conduct Authority is preparing for rules regulating physical-commodities trading practices as Europe's Market Abuse Regulation begins to take effect. "We have lots of forthcoming changes coming in under MAR, and that's going to give a much stronger regulatory emphasis to the physical-commodity market," an unidentified FCA spokeswoman said. The FCA has been meeting with infrastructure providers and market participants in preparation for the regulatory changes. "We have visited warehouses in a number of jurisdictions," the spokeswoman said.
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