UK looks to give FCA, PRA statutory objectives on growth and competitiveness
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UK looks to give FCA, PRA statutory objectives on growth and competitiveness

Samuel Casey
10 November 2021
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The UK government, launching a consultation on the post-Brexit regulatory framework for financial services, has said it supports granting the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) statutory objectives to focus on growth and competitiveness.

As UK regulators become increasingly responsible for setting UK financial-services rules post-Brexit, the government said it recognised the need to ensure their objectives “reflect the importance of the financial services sector as an engine of growth for the wider...

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Samuel Casey
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