The House of Commons Treasury Committee has published its report: “Future of financial services regulation”. Responding to the report, Miles Celic, Chief Executive Officer, TheCityUK, said,
“This is a constructive and timely report from the Treasury Select Committee. As a result of Brexit, UK regulators have taken on a significantly changed and more powerful role, with greater independence than ever before. Regulators need to enjoy a high level of independence and autonomy in relation to regulation, but they must also exercise this in a way that will deliver on overarching social and economic policy priorities that the government and Parliament have set.
“We agree with MPs that the overarching goal of the UK’s regulatory framework review must be to stimulate a regulatory culture which is robust, fair, competitive, and customer centric. All reforms should seek to prevent gold plating and, where appropriate, support the regulators in driving convergence towards global standards.”
Highlights from 2025: Key outcomes across our strategic priorities
As 2025 reaches an end, it’s an ideal time to reflect on the outcomes we’ve delivered across our strategic priorities. From boosting UK competitiveness and driving regional growth, to working with partners around the world and pushing for sustainable finance, we have worked closely with members to deliver key policy wins and strong industry advocacy, forge new and deepen existing global connections, and taken real steps forward in supporting sustainable investment across the UK.