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Responding to the Financial Services Bill that was introduced in Parliament today, Executive Chair of UK Finance Bob Wigley said:
This legislation is an important part of ensuring we have the right regulatory framework in place following the end of the transition period. ?The UK's future success as a world-leading financial centre will best be underpinned by a strong and proportionate regulatory framework that protects consumers, enhances our competitiveness and makes the UK attractive for international investment. ?The industry looks forward to working closely with the Treasury and Parliament as this legislation is finalised and as we continue supporting consumers and businesses through the economic recovery ahead.
This legislation is an important part of ensuring we have the right regulatory framework in place following the end of the transition period.
?The UK's future success as a world-leading financial centre will best be underpinned by a strong and proportionate regulatory framework that protects consumers, enhances our competitiveness and makes the UK attractive for international investment.
?The industry looks forward to working closely with the Treasury and Parliament as this legislation is finalised and as we continue supporting consumers and businesses through the economic recovery ahead.
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17.04.24
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