Reappointment of the Financial Services Regulation Committee and reopening of its inquiries
5 August 2024
The Financial Services Regulation Committee was reappointed by the House of Lords on Monday 29 July 2024, following the State Opening of Parliament on Wednesday 17 July.
The Committee was created in early 2024 following the passing of the Financial Services and Markets Act 2023 which repealed retained EU law for financial services and established a new framework for the regulation of financial services in the United Kingdom.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 will resume its inquiries into the secondary international competitiveness and growth objective given to the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) and the FCA’s consultation paper CP24/2 on publicising enforcement investigations.
The Committee has reopened the calls for evidence associated with both these inquiries and invites written submissions from all relevant stakeholders.
FCA enforcement guidance consultation
- Call for evidence
- Inquiry: FCA enforcement guidance consultation
- Financial Services Regulation Committee
The Committee invites written submissions to this inquiry by 11.59pm on Friday 11 October 2024.
FCA and PRA’s secondary competitiveness and growth objective
- Call for evidence
- Inquiry: FCA and PRA’s secondary competitiveness and growth objective
- Financial Services Regulation Committee
The Committee invites written submissions to this inquiry by 11.59pm on Friday 29 November 2024.