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MPs warn UK’s post-Brexit overhaul to regulation could hit financial stability
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fnlondon.comMPs have warned of the potential risks to financial stability if the government presses ahead with a planned overhaul to post-Brexit regulation.
In a rallying call to retain regulatory standards, the Treasury Committee urged the government in a report to backtrack on plans to give watchdogs such as the Financial Conduct Authority and Prudential Regulation Authority a remit to boost the City's international competitiveness. They warn this could impact financial resilience — particularly if it were made a so-called "primary...
Read more on fnlondon.comAbout this in other media
Treasury Committee chair Mel Stride: Why regulators need better scrutiny post-Brexit fnlondon.com /2 years ago
UK may scrap banker bonus caps in post-Brexit rules push fnlondon.com /2 years ago
MPs to up FCA oversight as regulators face Brexit pressure fnlondon.com /2 years ago
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