City wants better regulation not deregulation
This article is an on-site version of our Britain after Brexit newsletter. Sign up here to get the newsletter sent straight to your inbox every week
Hello. I am the FT’s Chief Business Correspondent and as part of my job I speak to a lot of businesses in the City. This week I will be looking at the government’s proposed changes to financial services regulation.
When UK business secretary Jacob Rees-Mogg was asked last week which one EU rule he would “junk” above all others, he replied without hesitation to a crowd at the Conservative party conference: “Solvency II.”
This story originally appeared on: Financial Times - Author:Daniel Thomas
