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Treasury Committee publishes correspondence on proposed regulatory ‘call in’ power

24 November 2022

The Treasury Committee today publishes correspondence confirming the Government will not proceed with the proposed ‘call-in’ power in the Financial Services and Markets Bill.

The proposed power would have enabled the Treasury to make, amend or revoke regulators’ rules.

The Committee took a large volume of evidence on the proposed power in recent weeks, including from:

Correspondence on the proposed call-in power between Andrew Griffith, Economic Secretary to the Treasury, and then-Interim Treasury Committee Chair Dame Angela Eagle can be found here (Monday 31 October) and here (Tuesday 1 November).

Further information

Image: UK Parliament