On 11 January 2023, the FCA published Market Watch 72.

In this Market Watch, the FCA outlines their recent findings on the quality of service provided by Approved Publication Arrangements and Approved Reporting Mechanisms, collectively known as Data Reporting Services Providers (DRSPs), to clients who use a DRSP to meet their MiFID II regulatory reporting obligations. These findings will be of interest to DRSPs, as well as the investment firms, credit institutions and trading venues that are the client base of DRSPs.