Committees

FCA and PRA’s secondary competitiveness and growth objective

Inquiry

This inquiry looks into the secondary international competitiveness and growth objective given to the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) under the Financial Services and Markets Act 2023. This call for evidence was reopened on 5 August 2024 following the Committee’s reappointment on 29 July 2024.

The report Growing pains: clarity and culture change required - An examination of the secondary international competitiveness and growth objective was published on 13 June 2025. The Government response was published on 3 September 2025. The report was debated on 11 March 2026.

This inquiry is no longer accepting evidence

The deadline for submissions was 11:59pm on 29 November 2024.

Upcoming events

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No upcoming events scheduled

Past events

Wednesday 12 February 2025
10:00am Private
10:05am Public
FCA and PRA’s secondary competitiveness and growth objective - Oral evidence 12 February 2025
10:05am
  • David Geale (Interim Managing Director at Payment Systems Regulator (PSR))
Room 3, Palace of Westminster
Wednesday 5 February 2025
10:00am Private
10:15am Public
FCA and PRA’s secondary competitiveness and growth objective - Oral evidence 5 February 2025
10:15am
  • Emma Reynolds MP (Economic Secretary to the Treasury and City Minister at HM Treasury)
  • Catherine McCloskey (Deputy Director for Financial Services Strategy at HM Treasury)
Room 4, Palace of Westminster
Wednesday 22 January 2025
10:00am Private
10:15am Public
FCA and PRA’s secondary competitiveness and growth objective - Oral evidence 22 January 2025
10:15am
  • Nikhil Rathi (Chief Executive Officer at Financial Conduct Authority (FCA))
  • Ashley Alder (Chair at Financial Conduct Authority (FCA))
Room 4, Palace of Westminster
Wednesday 15 January 2025
10:00am Private
10:05am Public
FCA and PRA’s secondary competitiveness and growth objective - Oral evidence 15 January 2025
10:05am
  • Chris Pond (Chair at Financial Inclusion Commission)
  • Rocio Concha (Director of Policy and Advocacy and Chief Economist at Which?)
  • Peter Tutton (Head of Policy, Research and Public Affairs at StepChange Debt Charity)
11:05am
  • Andy Briggs MBE (Chief Executive Officer at Phoenix Group)
Room 3, Palace of Westminster

Contact us

  • Email: hlfinservreg@parliament.uk
  • Phone: 0207219 5313 (Committee Staff) 02072196640 (Press Officer)
  • Address: Financial Services Regulation Committee, House of Lords, London SW1A 0PW