Treasury Select Committee Financial News

12.12 / 15:19

regulation FCA Treasury Select Committee Consumer Duty end FCA to unveil 'far-reaching' disclosure reforms for investment trusts before year-end

'There is going to be more onus on disclosure and that will bring a degree of additional risk into the system, an increasing onus on stewardship of investors when they are making investment decisions.'

11.01 / 11:47

economics Bank of England UK Treasury Select Committee financial stability Financial BoE's Breeden: 'No evidence' quantitative tightening poses risk to financial stability

Governor Andrew Bailey showed optimism around the economy, restating the need for inflation to get back to the bank's 2% target to maintain financial stability.

12.12 / 15:19

regulation FCA Odey AM Treasury Select Committee FCA closes investigation into Odey Asset Management

FCA CEO Rathi said that, should any evidence against Odey AM appear, the FCA «reserves the right to reopen' the investigation; whereas the investigation into Odey himself 'remains live'.

08.12 / 15:59

regulation Financial Services Treasury Silicon Valley Bank Treasury Select Committee UK to boost bank resolution toolkit after SVB collapse shortcomings - reports

A review of the senior managers regime is also on the table, which would lead to an evolution in the regulations rather than an overhaul. | Credit: iStock

30.11 / 17:11

regulation Financial Services Investment trusts Treasury Select Committee FCA sets out temporary measures to address investment trust cost disclosure concerns

The FCA acknowledged the concerns that cost disclosures under the EU laws 'may not result in representative cost information being published'.

30.11 / 09:43

UK Treasury Investment trusts Treasury Select Committee FCA under pressure to 'quickly' deliver solutions to investment trust cost disclosure issues

Chancellor Jeremy Hunt. © Zara Farrar — HM Treasury

28.11 / 19:55

economics UK Budget Treasury Select Committee OBR OBR warns fiscal rules 'never require the chancellor to get debt falling'

Debt would have been £85bn in five years’ time if the chancellor had not taken any action at the Autumn Statement, OBR chair Richard Hughes said.

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