FCA Plans
Imposing limits on the size of the loan for retail customers exposed many problems. What is behind such restrictions? Can this lead to global changes?
Who lost their money?
The news that
the FCA
is going to implement restrictions, caused a different reaction. The total capitalization of brokerage companies operating in the British market decreased by more than $ 2 billion. It would seem that we are waiting for another “black swan”, but the general reaction in the financial markets is far from panic. What is the reason? The answer is that The FCA
just wants to protect customers from its own extravagance. Considering that many companies are accustomed to speculating on the inexperience of customers, the British government quite logically decided to stop this process.
Restrictions in other countries.
Since 2008, regulators have been actively introduced in the markets of Japan and the United States. The famous law Dodd-Frank has led to the fact that in the American market Only large traders survived. A lot of players left the Japanese market due to restrictions leverage up to a ratio of 1:25. And only the volatile exchange rate of the yen keeps many players of a lower rank in the Japanese market.
