Committees

Growth of private markets in the UK following reforms introduced after 2008

Inquiry

This inquiry looks into the growth of private markets in the UK following reforms introduced after 2008. In particular, the inquiry will examine whether the regulatory capital and liquidity reforms introduced after 2008 have reduced banks’ ability or willingness to lend, pushing risk away from the banking sector and towards private markets. It will also look into how much visibility the Bank of England has on the size of these private markets, their interconnections with the banking sector, and any potential spillover risks.

This inquiry is no longer accepting evidence

The deadline for submissions was 11:59pm on 18 September 2025.

Upcoming events

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No upcoming events scheduled

Past events

Wednesday 19 November 2025
10:00am Private
10:10am Public
Growth of private markets in the UK following reforms introduced after 2008 - Oral evidence 19 November 2025
10:10am
  • Lucy Rigby KC MP (Economic Secretary to the Treasury and City Minister at HM Treasury)
  • Lowri Khan CB CBE (Director of Financial Stability at HM Treasury)
  • Daniel Rusbridge (Deputy Director for Personal Finances and Funds at HM Treasury)
Room 2, Palace of Westminster
Tuesday 11 November 2025
9:00am Private
9:05am Public
Growth of private markets in the UK following reforms introduced after 2008 - Oral evidence 11 November 2025
9:05am
  • Stephen Dainton (President of Barclays Bank plc and Head of Investment Bank Management at Barclays)
  • Michael Roberts (Chief Executive Officer of HSBC Bank plc and Chief Executive Officer of Corporate and Institutional Banking at HSBC)
Room 3, Palace of Westminster
Wednesday 5 November 2025
10:00am Private
10:10am Public
Growth of private markets in the UK following reforms introduced after 2008 - Oral evidence 5 November 2025
10:10am
  • Charlie Nunn (Group Chief Executive at Lloyds Banking Group)
  • Robert Begbie (Chief Executive Officer, NatWest Commercial and Institutional at NatWest Group)
11:15am
  • Nathanaël Benjamin (Executive Director for Financial Stability Strategy and Risk at Bank of England)
Room 2, Palace of Westminster
Wednesday 29 October 2025
10:00am Private
10:10am Public
Growth of private markets in the UK following reforms introduced after 2008 - Oral evidence 29 October 2025
10:10am
  • The Rt Hon Michael Moore (Chief Executive Officer at British Private Equity & Venture Capital Association (BVCA))
  • Joseph Pinto (Chief Executive Officer of Asset Management at M&G plc)
11:15am
  • Blair Jacobson (Partner and Co-President at Ares Management Corporation)
  • Daniel Leiter (Senior Managing Director, Head of International and Global Head of Liquid Credit Strategies, Blackstone Credit and Insurance at Blackstone)
  • Tristram Leach (Partner and Co-Head of European Credit at Apollo Global Management)
Room 2, 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