Market Abuse Asset Management Firms - February 2015

The FCA has published its thematic review ("Asset management firms and the risk of market abuse" TR15/1). on managing the risk of market abuse in asset management firms  

The review involved 19 asset management firms, 17 of which had on-site reviews. There was a mixture of  asset managers and hedge fund managers with varying numbers of assets under management.

Particular focus has been placed on the lack of Post Trade Surveillance controls in place.