Regulation

Helena Morrissey: The City’s ‘Big Bang 2.0’ hasn’t gone far enough

The Bank of England and FCA need a different level of scrutiny and accountability in the wake of Brexit

Cutting EU rules is all well and good, but questions remain over who regulates the regulators
Cutting EU rules is all well and good, but questions remain over who regulates the regulators Photo: Getty Images

Baroness Helena Morrissey has been an executive at multiple asset managers and is a noted City diversity campaigner

The long-awaited Financial Services and Markets Bill was finally introduced to parliament just ahead of the summer recess. At more than 330 pages, it is the biggest financial services legislation package in more than two decades.

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