News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Politics

General election throws spanner in regulators’ plans as Basel 3.1 and SMCR updates delayed

Regulators have hit the pause button on a slew of reforms

Prime Minister Rishi Sunak’s surprise decision to call election has disrupted a series of bills coming through Parliament Chris J. Ratcliffe/Bloomberg via Getty Images
Prime Minister Rishi Sunak’s surprise decision to call election has disrupted a series of bills coming through Parliament Chris J. Ratcliffe/Bloomberg via Getty Images

Regulators have been forced to put a raft of updates on hold as the general election throws the timing of a number of key City reforms up in the air.

Financial and other watchdogs have traditionally imposed a pre-election silence policy to avoid the appearance of partisanship during campaigning.

WSJ Logo