HM Treasury written question – answered at on 26 March 2015.
To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 9 March 2015 to Question 225717, if he will request that the Prudential Regulation Authority and the Financial Conduct Authority report on their performance in relation to sustainable growth in their annual reports.
The Financial Services and Markets Act 2000 requires the Prudential Regulation Authority and Financial Conduct Authority to include consideration of the principles of good regulation in their annual report.
These statutory principles of good regulation include “the desirability of sustainable growth in the economy of the United Kingdom in the medium or long term”.
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