Regulators will need to ‘challenge themselves’ on growth objective, minister tells Lords
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Regulators will need to ‘challenge themselves’ on growth objective, minister tells Lords

alamy_John_glen_mp_economic_secretary_treasury_2022.png
Photo: Alamy

Regulators will need to “challenge themselves” and be “held directly accountable” over a new statutory objective to focus on the London and wider financial services market’s competitiveness, according to economic secretary to the Treasury John Glen.

Appearing this morning at the final evidence session for the House of Lords inquiry into London market regulation, the minister told the Industry and Regulatory Committee that implementing a secondary objective for regulators to consider the UK financial services...

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article