A chance to hold regulators accountable with real power is at a tipping point
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A chance to hold regulators accountable with real power is at a tipping point

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The opportunity to set in statute meaningful powers and metrics to hold financial regulators accountable will reach a tipping point in the coming weeks, as the Financial Services and Markets Bill progresses through the next parliamentary stages.

The regulatory reform legislation, which follows a series of consultations, covers an enormous amount of ground and will be one of the most seminal for both the Financial Conduct Authority and the Prudential Regulation Authority since their formation.

Among

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