IIGCC response to HMT consultation on the Future Regulatory Framework Review
HM Treasury published details of a consultation to explore how the UK regulatory framework for financial services needs to adapt to our new position outside the EU. This consultation marks the launch of the second phase of the Future Regulatory Framework (FRF) Review, which considers how the regulatory framework for financial services needs to adapt to be fit for the future, in particular to reflect our new position outside of the EU. In doing so, the key aim is to achieve an agile and coherent approach to financial services regulation in the UK, with appropriate democratic policy input to support a stable, innovative and world leading financial services sector.
IIGCC submitted the response below to HM Treasury on 19 February.