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MAR data time limit killed by FS Bill

The UK government put forward an amendment to its own proposed legislation that would remove the time limit on retention of personal data under the Market Abuse Regulation. This particular bit of EU law was transposed into UK law on 31 December 2020, but the government expressed concerns that it was hampering the work of the Financial Conduct Authority. Also, because of the timing of the introduction of MAR, the UK regulator would potential face a difficult decision on data retention by July this yea

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