Last week, the UK House of Lords issued a report entitled, "Who Watches the Watchdogs? — Improving the Performance, Independence and Accountability of UK Regulators."
The report is the culmination of the House of Lords Industry and Regulators Committee's inquiry into regulators, launched in October 2023. It is based upon input from industry participants, parliamentarians, current and former regulators, regulatory agencies, and governmental departments. Among those interviewed by the Committee was Charles Randell, past-Chair of the UK Financial Conduct Authority, who has contributed to our forthcoming Deeper Dive, “Physician, Heal Thyself.”
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