thewealthnet

UK looks to bolster FCA powers in regulatory framework

Christopher Marchant, 11/11/2021

The UK government is looking to establish a "comprehensive" financial services model and bolster the responsibilities of the Financial Conduct Authority (FCA), part of plans to overhaul financial services legislation in the wake of Brexit.

New growth and maintaining international competitiveness were recognised as secondary objectives of the FCA moving forward, as the nation's regulator takes on greater responsibility for setting detailed rules across a larger portion of the UK’s fi...


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