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Treasury Committee reports on Future Regulatory Framework of Financial Services - Committees

Ownership of financial regulation The Committee agrees with the Treasury that the EU financial services rules that were on-shored during the process of leaving the EU should be moved into the regulators rule books. Keeping rules in statute could require Parliament to amend or pass new legislation every time regulators wished to make changes, which would be resource intensive and impractical. Regulatory independence The independence of regulators from political interference is one of the key asp...
United Kingdom Financial Ombudsman Service While The Committee Treasury Committee Framework For Regulation Of Financial Services Future Framework

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