FCA to give evidence to Lords Financial Services Regulation Committee
Tuesday 21 January
At 10.15am on Wednesday 22 January, the House of Lords Financial Services Regulation Committee will hear evidencpress fe from:
- Ashley Alder, Chair of the Financial Conduct Authority (FCA)
- Nikhil Rathi, Chief Executive of the Financial Conduct Authority (FCA).
This session, which is open to the public, will be held in Committee Room 4 of the House of Lords and streamed live and on demand on Parliament TV.
Questions the committee is likely to ask in these sessions include:
- How effective has the FCA’s Change programme been in improving how it utilises data?
- How will the FCA use its own initiative to improve the UK’s competitiveness and growth?
- The committee has been told that the UK’s approach to regulation and supervision is burdensome and slow in comparison to competing jurisdictions. What will the FCA do to address this?
- What ideas does the FCA have to increase retail investment into primary markets, start-up/scale-ups, and other productive assets?
- Using the FCA’s recent Diversity & Inclusion consultation as a case study, where does the FCA see the line between advancing its statutory objectives and stepping in on the way in which firms choose to run themselves?
More about the Financial Services Regulation Committee
The Financial Services Regulation Committee was created in early 2024 following the passing of the Financial Services and Markets Act 2023 which repealed retained EU law for financial services and established a new framework for the regulation of financial services in the United Kingdom.
The committee is chaired by Lord Forsyth of Drumlean. Its members are: Baroness Bowles of Berkhamsted; Baroness Donaghy; Lord Eatwell; Lord Grabiner; Lord Hill of Oareford; Lord Hollick; Lord Kestenbaum; Lord Lilley; Baroness Noakes; Lord Sharkey; Lord Smith of Kelvin; and Lord Vaux of Harrowden.
The committee’s work can be followed on its website.
