The Government launched the Regulatory Framework Review as an opportunity to tailor UK regulations to meet the UK’s needs.
New Recommendations From The Regulatory Framework Review
The Review has proposed several recommendations, and we now see the Financial Services and Markets Bill implementing those recommendations.
The recommendations include extending the regulators’ remit and requiring greater reporting and accountability to the HMT. We see both the PRA and the FCA setting out their strategies to align with these recommendations.
How Does It Affect You?
How do these changes affect you and your firm?
To find out more, read our latest blog on this subject.