UK Treasury Chief Announces Financial Services Deregulation
Plan aims to boost investment by cutting red tape in City of London
Britain’s Treasury Chief has unveiled a sweeping plan to slash financial services regulations in a bid to unlock investment and support economic growth.
The reforms promise to ease compliance burdens for banks and asset managers while maintaining core standards, as the government seeks to keep London competitive as a global finance hub post-Brexit.
The reforms promise to ease compliance burdens for banks and asset managers while maintaining core standards, as the government seeks to keep London competitive as a global finance hub post-Brexit.
