17 Nov 2021
At his Mansion House speech on 1 July 2021, the Chancellor announced the government's aspiration for an open, green and technologically advanced financial services sector that is globally competitive and acts in the interests of communities and citizens, creating jobs, supporting businesses, and powering growth across the UK. In a step towards achieving this vision, the Treasury is now consulting on detailed proposals for reform of the financial services regulatory framework, building on its initial consultation which closed on 19 February 2021.