Rachel Reeves needs to get real with the fact that we have become too cautious Opinion Before the election, Rachel Reeves said she would “unashamedly champion” financial services “as one of the UK’s greatest assets”. This was music to the ears of our sector and the early signs in government have been positive. The question now is: what will this mean in practice? What is the Chancellor’s vision for financial services [...]
UK Finance CEO: FCA’s name and shame plans will harm UK competitiveness david postings Improving transparency is well and good, but the FCA's name and shame plans will damage innocent firms, writes UK Finance CEO David Postings.
London won’t throw out fraud until we put transparency at the core of finance David Postings Today the Queen’s annual speech will be delivered to parliament. Amid all the pomp and ceremony that surrounds this event, one very important piece of legislation to be expected is a second Economic Crime Bill. The first bill had to be fast-tracked through parliament as part of the government’s immediate response to Russia’s invasion of [...]
Our regulators can protect high standards and deliver strong competition in the UK February 7, 2022 The UK’s banking and finance markets are fiercely competitive, with firms fighting for business and customers every single day. At the same time, the UK competes with financial centres around the world to secure business and attract new investment and talent. Late last year, the Treasury set out a range of proposals to help ensure [...]
