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MPs to up FCA oversight as regulators face Brexit pressure

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MPs are setting up a new body to oversee the UK's regulators, as Brexit continues to heap pressure on agencies such as the Financial Conduct Authority.A fresh sub-committee will investigate regulatory proposals for financial services, with "new forms of scrutiny" required "given the number of regulatory initiatives is likely to grow as regulators assume additional responsibilities following the UK’s exit from the EU".The...

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