General

On 13 June 2025, the House of Lords’ Financial Services Regulation Committee (the Committee) issued a report, Growing pains: clarity and culture change required – An examination of the secondary international competitiveness and growth objective.

Background

The Committee’s inquiry examined the progress made in driving the Prudential Regulation Authority and Financial Conduct Authority

On 28 April 2025, the European Parliament’s Committee on Economic and Monetary Affairs published a draft report on safeguarding and promoting financial stability amid economic uncertainties. Among other things the Rapporteur identifies several macro-financial risks and stresses the need for robust crisis preparedness mechanisms to safeguard the EU’s financial system. The rapporteur also highlights the

On 17 January 2025, the FCA published its response to a letter from the Prime Minister which was sent along with the Chancellor’s recommendations on growth.

The letter describes certain planned reforms under three headings: (i) unlocking capital investment and liquidity (ii) accelerating digital innovation to enhance productivity and (iii) reducing the regulatory burden. In