Britain’s post-Brexit system of financial regulation is to have a greater focus on growth and international competitiveness under new plans outlined by the chancellor, Rishi Sunak.
In what the Treasury described as a “once-in-a-generation” opportunity to reform the way one of the UK’s biggest industries is supervised and policed, Sunak said the sector would benefit from a customised regime.
The proposals would involve the scrapping of EU financial services law retained after Brexit but no longer
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