Respect financial watchdog independence, UK lawmakers tell ministry
FILE PHOTO: The City of London financial district is seen with office skyscrapers commonly known as Cheesegrater , Gherkin and Walkie Talkie seen in London, Britain, January 25, 2018. Picture taken January 25, 2018. REUTERS/Toby Melville/File Photo
July 5, 2021
By Huw Jones
LONDON (Reuters) – Britain’s finance ministry should avoid crimping the independence of financial regulators by overloading them with requests for post-Brexit rule amendments, UK lawmakers said on Tuesday.
Having fully left the European Union at the end of December, Britain can now write its own financial rules as it seeks to sharpen London’s competitiveness as a leading global financial centre.
Having regained control from EU, MPs want to hand policing of the City over to regulators
cityam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cityam.com Daily Mail and Mail on Sunday newspapers.
Builders Merchants News - CBI Economist confirmed for BMF Members Day Conference
buildersmerchantsnews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from buildersmerchantsnews.co.uk Daily Mail and Mail on Sunday newspapers.