More detail needed on new UK regulatory regime

benblackett-ord

The UK government still has a long way to go in working out the details of its new financial services regulatory structure, according to a briefing held by financial services regulatory consultant Bovill. There is still detail missing as to how the current tripartite system is going to be transformed into the new structure, raising doubts that the new regulation will provide a satisfactory and improved authority for the financial services industry. "The government has still to some extent got to

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