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UK looks to revamp MiFID II rules as post-Brexit changes to regulation gather pace
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The UK government has announced further reforms as part of its review of the UK financial sector in the wake of Brexit.
The government is looking to cut burdens on systematic internalisers — investment firms that execute client orders outside of regulated markets such as exchanges — in part by returning oversight to the Financial Conduct Authority, as was the case before the EU's MiFID II rules were introduced.
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