PRA’s Woods: ‘Secondary competitiveness objective could work well’
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PRA’s Woods: ‘Secondary competitiveness objective could work well’

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The Prudential Regulation Authority’s (PRA) CEO Sam Woods has told an inquiry into London market regulation that a secondary competitiveness objective “could work well”, as he was quizzed alongside other executives on resources and supervisory performance.

The executive explained this morning how the PRA could deploy a statutory objective to promote the London and wider financial market’s competitiveness, as he was grilled by the House of Lords Industry and Regulators Committee.

During

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