The latest edition of Market Watch looks at how many firms have accessed FCA’s Market Data Processor Entity Portal over the past 4 years – and there has been a gradual increase. There has however been a slight decrease from 2020 to 2021 in the number of transaction reporting breach notifications. The newsletter also confirms that, for the purposes of transaction reporting, FCA views ARs as their principals – so it is the details of the principal that should be entered.