UK Finance Regulator Sounds Alarm on Deregulation Risks
2025-01-17
MSN
The UK's financial watchdog has cautioned the government that its push for reduced regulation to boost economic growth will inevitably lead to increased risks, resulting in more business failures and harm to consumers. This approach, while intended to stimulate growth, may compromise consumer protection and stability in the financial sector. As the regulator navigates this delicate balance, it must consider the potential consequences of deregulation, including increased financial risk and decreased investor confidence. Key concerns include consumer protection and financial stability.
