Observations
Jan 15, 2025In a recent hearing before the UK House of Lords Financial Services Regulation Committee, Sam Woods, Deputy Governor for Prudential Regulation at the Bank of England, announced plans to ease the regulatory burden on firms, as reported by the Financial Times.
Observations
Nov 29, 2024In a recent opinion article for the Financial Times, author and former banker Philip Augar analyzes cultural shortcomings in the UK financial services sector and suggests that banks need to reform their culture practices before making the case for easing regulation.