MPs Warn UK Financial Regulation Is Systemically Flawed

Parliamentary group calls for overhaul of UK financial regulation

All-Party Parliamentary Group (APPG) on Investment Fraud and Fairer Financial Services is pressing for a Royal Commission The post Parliamentary group calls for overhaul of UK financial regulation appeared first on Investment International.

Pressure mounts on FCA as MPs call for regulatory overhaul

A parliamentary report has intensified scrutiny of the Financial Conduct Authority, warning that systemic weaknesses in the UK’s regulatory framework have contributed to repeated financial scandals.

MPs warn UK financial regulation is systemically flawed

A major new report from the All-Party Parliamentary Group on Investment Fraud and Fairer Financial Services (APPG) has urged Parliament to reassess the foundations of the UK’s financial regulatory framework, warning that the current system governing conduct oversight is fundamentally flawed. According to Financial Reporter, the 250-page report argues that lawmakers must “reclaim its role” in shaping the direction of financial regulation, conclud…

UK financial regulation faces overhaul calls in APPG report

A cross-party parliamentary group has warned that the UK’s financial conduct regulatory framework is fundamentally flawed, urging Parliament to reclaim a stronger role in overseeing the system. According to Financial Reporter, the report, published by the All-Party Parliamentary Group on Investment Fraud and Fairer Financial Services (APPG), spans more than 250 pages and argues that the UK’s regulatory structure is in urgent need of comprehensiv…