Transcription of Financial Services Future Regulatory Framework Review
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Financial Services Future Regulatory Framework Review
Financial Services Future Regulatory Framework Review : Proposals for Reform November 2021 CP 548 Financial Services Future Regulatory Framework Review : Proposals for Reform November 2021 CP 548 Presented to Parliament by the Economic Secretary to the Treasury by Command of Her Majesty Crown copyright 2021 This publication is licensed under the terms of the Open Government Licence except where otherwise stated. To view th is licence, visit Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. This publication is available at Any enquiries regarding this publication should be sent to us at ISBN 978-1-5286-2990-4 E02690955 11/21 Printed on paper containing 75% recycled fibre content minimum Printed in the UK by HH Associates Ltd.
Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA), that work within an overall policy framework set by government and Parliament. 3. The FSMA model was adapted to address the regulatory failings that contributed to the 2007-08 global financial crisis. The Financial Services Authority was split into the PRA and the FCA.
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