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FCA finalises UK transaction reporting changes ahead of 2028
FIRDS will become the reference for reportability, but firms still need to prepare for revised schemas, validation checks and new controls around shared reporting duties.
Read articleFIRDS will become the reference for reportability, but firms still need to prepare for revised schemas, validation checks and new controls around shared reporting duties.
Read articleThe reforms are forecast to reduce annual industry costs by more than £100 million, but firms will need to update reporting data, controls and validation when the technical rules arrive.
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