CITY AM – City reform manifesto to be delayed until next year as investors warn of ‘report fatigue’
CITY AM SAYS A major report looking to draw up a “new market model” for the City has been delayed until next year as fears grow of “report fatigue” setting in across London, City A.M. can reveal.
The Capital Markets Industry Taskforce (CMIT), headed by London Stock Exchange chief Julia Hoggett, called in L&G boss Sir Nigel Wilson to conduct a “Capital Markets of Tomorrow” deep-dive in May that sought to carve out a new vision for London’s markets.
At the launch of the report, CMIT bosses pledged the group would lay out their findings in the autumn. However, City A.M. has learned the publication of the report has now been kicked back until January after a flurry of feedback from the industry.
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