Treasury under fire as City minister mulls FCA, PRA call-in powers
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Treasury under fire as City minister mulls FCA, PRA call-in powers

Marcel Le Gouais
02 November 2022
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Houses Of Parliament in the morning

The Treasury Committee has criticised the UK government’s “sub-optimal” approach in enabling MPs to scrutinise financial regulation reforms, after Whitehall delayed the introduction of a call-in power against regulators in a bill.

In a letter to the committee, City minister Andrew Griffith said the government will not use the next, committee stage of the Financial Services and Markets Bill’s passage through the House of Commons to amend the bill with its...

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Topics

News Regulation PRA FCA
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Marcel Le Gouais
Deputy Editor
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