Single Customer View Projects May Suffer from 'Regulatory Overload'

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Few market participants believe lack of compliance with single customer view (SCV) requirements in the UK will put their firm at a competitive disadvantage, according to a survey by regulatory think-tank JWG, commissioned by data management company DataFlux.

Firms are required to create and maintain a single customer view of each client under the Financial Services Compensation Scheme Reform in the UK, which is set to cover 800 deposit-holding institutions, when the reform becomes effective as o

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