Why did the UK Government announce Financial Services Reforms?
March 2, 2023 ⚊ 1 Min read ⚊ Views 61 ⚊ BLOGIn December 2022, the UK government announced a package of reforms to financial services regulations in the UK. The reforms have been made, pending legislation that will come into effect later in 2023. So far, people have just been guaranteed that more consultation on specific areas is to follow. The announcement came after consultation with people from within the financial services industry after suggestions were put forward on improvements to UK regulations following Brexit.
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