Open Consultation - UK Financial Services Regulation: Measuring Success

Summary

The Call for Proposals seeks views on which metrics the FCA and the PRA should publish in relation to the new secondary growth and competitiveness objectives.

This consultation closes at
11:59pm on 4 July 2023

Consultation description

The Financial Services and Markets (FSM) Bill introduces new, secondary objectives for the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) to facilitate the international competitiveness of the UK economy and its growth in the medium to long term.

This call for proposals is intended to help determine what additional metrics it is most appropriate for the regulators to publish, in order to ensure that reporting on the new secondary objectives is sufficient to support scrutiny of the regulators’ work in embedding and advancing their new objectives.

This Call for Proposals will close at 11:59pm on 4 July. The government welcomes representations from all stakeholders with an interest. Submissions and any questions relating to the Call for Proposals should be sent to FRF.Review@hmtreasury.gov.uk.