FIA has responded to HM Treasury's Financial Services Future Regulatory Framework Review: Proposals for Reform. FIA views the reforms as a way of ensuring the UK financial markets continue to have the structure and guidance required to remain agile and competitive, as well as assisting with their clear, orderly and proper functioning.
FIA has set out responses to a selection of questions from the FRF Reform Proposals. FIA is broadly supportive of most proposals and, overall, believes that the transition to increased discretion for UK regulators is an appropriate approach.
