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Brexit

Concerns over FCA independence and market security remain as government publishes results of post-Brexit consultation

After leaving the bloc, the government wants regulation to be much more pro-growth

The Treasury wants the power to ‘require the regulators to review their existing rules where the government considers that it is in the public interest’
The Treasury wants the power to ‘require the regulators to review their existing rules where the government considers that it is in the public interest’ Photo: Daniel Leal/Getty Images

Concerns that politicians will begin interfering in regulation and threaten the stability of markets remain as the government looks to push ahead with plans to overhaul the UK's financial services rules in the wake of Brexit.

To mark the two-year anniversary of the country’s split with the bloc, the government published a document entitled The Benefits of Brexit on 31 January, dedicating a chapter to plans to take “full advantage of our new freedom and make us the best regulated economy in the world”.

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