On 30 January 2023, the FCA updated its webpage on Feedback Statement 22/11: Accessing and using wholesale data.
Previously the FCA announced that it would aim to publish the findings of its trade data review alongside launching its wholesale data market study in January 2023. The reason for doing so was because of the resource demands expected of firms responding to the study, as well as the FCA’s internal resources.
The FCA now states that it is planning to publish the trade data review findings and launch the wholesale data market study later in Q1 2023. It also states that it is planning to conduct the market study using its powers under the Enterprise Act 2002. Using this Act means the FCA will be required to publish a final market study report no more than 12 months after launch.