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Financial Services Regulatory Reform

Financial Services Regulatory Reform, led by HM Treasury, addresses modernisation of the UK financial regulatory framework including the Senior Managers & Certification Regime, in-person banking services, and settlement acceleration (T+1). The reform agenda is active and coordinated with international partners through the US-UK Financial Regulatory Working Group and UK-Japan Financial Regulatory Forum.


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1 Mar 2022 | Announcement Treasury linked

The Financial Services Act 2021 (Prudential Regulation of Credit Institutions and Investment Firms) (Consequential Amendments and Miscellaneous Provisions) Regulations 2022

UIN: HCWS650 Following the global financial crisis, the international Basel Committee on Banking Supervision (BCBS) agreed standards for prudential regulation to improve the resilience of the banking sector. Prudential regulation ensures that banks, building societies...

1 Mar 2022 | Announcement Treasury linked

The Financial Services Act 2021 (Prudential Regulation of Credit Institutions and Investment Firms) (Consequential Amendments and Miscellaneous Provisions) Regulations 2022

UIN: HLWS631 My honourable friend the Economic Secretary to the Treasury (John Glen) has today made the following Written Ministerial Statement.Following the global financial crisis, the international Basel Committee on Banking Supervision (BCBS) agreed standards for ...

24 Nov 2020 | Announcement Treasury linked

Financial Services Update

UIN: HCWS595 On 23 May 2019, I laid a direction before Parliament using the powers conferred by sections 77(1) and (2) and 78(5) and (6) of the Financial Services Act 2012 (“the Act”) and set this out in a Written …