'Democratic deficit' at new UK regulators worries industry

hm-treasury-facade-2009

Voices from across the financial services industry continue to express concern over the reform of the UK regulatory system.

The UK Treasury recently updated its plans in light of correspondence it has received as part of its consultation due to close in April. The paper lays out more details on plans for the Financial Conduct Authority (FCA), formerly the Consumer Protection and Markets Authority, and explains the role of the newly established Financial Planning Committee (FPC).
Industry represen

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: