PRA, FCA outline how growth objective could be used and measured
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PRA, FCA outline how growth objective could be used and measured

Marcel Le Gouais
23 February 2022
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Houses Of Parliament in the morning

UK regulators have set out to MPs how they could deploy a new statutory objective to focus on competitiveness, as one executive said it could be used as an “empowering” tool for the financial sector.

Appearing at a Treasury Select Committee, executives from the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) answered questions about the government’s Future Regulatory Framework consultation, which proposes a statutory secondary objective for the regulators to focus on...

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Topics

News London market FCA PRA Regulation
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Marcel Le Gouais
Deputy Editor
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