Market soundings with the FCA
Hear directly from the regulator on sounding processes, cleansing and the records that stand up to scrutiny.
Session overview
A defensible route from wall crossing to cleansing.
Join us for a regulator-led session on market-sounding scripts, wall crossing, cleansing and the records firms need to evidence the process.
The discussion will use practical scenarios to connect the rules with the day-to-day decisions that identify what is being shared, who has been wall crossed and when information ceases to be inside information.
Agenda
What the session will cover.
The regulatory purpose of the sounding regime
- When the framework applies
- Roles of disclosing and receiving market participants
Scripts, consent and wall crossing
- Information before consent
- Recording the exchange
Cleansing and follow-up
- Assessing when information is no longer inside
- Notifying recipients and retaining evidence
Governance, escalation and oversight
- Who owns the chronology
- When exceptions move to compliance or legal
What enquiries test
- Gaps in chronology
- Inconsistent records and escalation
Practical scenarios and open Q&A
Before you join
Held under the Chatham House Rule.
The session is designed for open discussion, so a few house rules apply.
Chatham House Rule
You are free to use the information shared during the session, but neither the identity nor the affiliation of any speaker or participant may be revealed.
No recording
We ask attendees not to record the session in any form. No recording will be made available afterwards.
Anonymous questions
You can submit questions in advance and choose to keep your name and email off them. There will also be time for live questions.