Chancellor instructs FCA, PRA on growth objective with remit letters
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 Chancellor instructs FCA, PRA on growth objective with remit letters

Marcel Le Gouais
09 December 2022
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Futuristic Buildings in Business District

Chancellor Jeremy Hunt has written to both financial regulators instructing them to consider government policy to bolster the UK’s competitiveness as a global financial centre, as part of major reforms announced today.

As part of a package described as the "Edinburgh reforms" and "Big Bang 2.0", Hunt wrote to the Financial Conduct Authority (FCA) and the Prudential Regulation Committee, which oversees the Prudential Regulation Authority (PRA), setting out how the regulators...

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Topics

News Regulation PRA FCA
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Marcel Le Gouais
Deputy Editor
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