Lockdown has created a fresh headache for financial regulators — it's much harder to keep an eye on what traders are up to

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• Britain's financial watchdog received fewer reports on suspicious transactions than ever before in April as traders and other market participants adjust to working from home.
• The watchdog received only 215 reports in April, its lowest level since current regulations took effect in 2016, according to Bloomberg, citing a public-records request. 
• "There may be several reasons for the decrease, including firms taking more robust steps to tackle financial crime risks and the impact of our associated supervisory activities, including communications on this issue," the Financial Conduct Authority said in a statement.
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Britain's lockdown meant that its financial authority was initially unable to maintain usual levels of regulation over markets.

The Financial Conduct Authority regulates and operates the UK financial system to monitor equity, fixed-income, and commodity markets by using internal information from firms and trading platforms.See the rest of the story at Business Insider

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