Treasury takes next step to regulate financial technology providers
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Treasury takes next step to regulate financial technology providers

Marcel Le Gouais
10 June 2022
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graph money.jpg

The Treasury will soon launch legislation that gives regulators direct powers to oversee the services provided by technology providers to insurers and banks, in a move to shore up financial stability.

As this publication has previously reported, Whitehall, the Bank of England, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) have been working on measures to oversee critical third-party firms that include, but are not limited to,...

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Marcel Le Gouais
Deputy Editor
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