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HM Treasury consults on measuring regulatory contribution to UK competitiveness

Photo: Getty Images

Thomas Hyrkiel

2 min read
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Secondary regulatory objectives may become more prominent performance benchmarks despite continuing support of regulatory independence.

HM Treasury has published a consultation document that seeks proposals on how best to measure the performance of the UK’s financial services regulators – the FCA and the PRA.

The document emphasises the importance of new secondary objectives for the regulators under the post-Brexit financial services regulatory framework

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