HM Treasury opens call for proposals for Financial Services and Markets Bill
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HM Treasury opens call for proposals for Financial Services and Markets Bill

Aisling Finn
09 May 2023
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HM Treasury has opened a call for proposals on the performance metrics the UK government should use to hold regulators to account under the Financial Services and Markets Bill (FSM).

The FSM aims to overhaul City of London rules for insurers, banks and investment managers, cutting rules deemed unnecessary and seeking to improve the UK’s competitiveness post-Brexit by introducing secondary objectives for the Financial Conduct Authority (FCA) and the...

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