TheCityUK response to the Department of Business and Trade’s proposal that the Financial Reporting Council (FRC) should contribute to promoting competitiveness

22 November 2023

Miles Celic, Chief Executive Officer, TheCityUK said:

“Our industry supports the government in requiring the FRC to consider competitiveness when ensuring compliance. Many foreign regulators have a very successful track record of marrying high standards and driving competitiveness and it is good to see the same approach now being reflected in the UK. We look forward to continuing to engage with the government and regulators to deliver progress in this area and ensure the UK continues to be an attractive place to do business.”

Miles Celic photo
Miles Celic Chief Executive Officer

Miles Celic is Chief Executive Officer of TheCityUK, a position he has held since September 2016. He is also a board member of UK Finance and the Financial Services Skills Commission.