Part of Financial Services and Markets Bill – in a Public Bill Committee at 2:30 pm on 27 October 2022.
Tulip Siddiq
Shadow Minister (Treasury)
2:30,
27 October 2022
I have one quick question for the Minister. Are the Government required to consult or give advance notice before sending a policy letter to regulators? If not, is there a risk that the new “have regards” for different policy areas could be dropped on the regulators from nowhere, and could distract the FCA and PRA from their primary and secondary objectives?
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