OpenConsultation consultationoutcome

FS Sector Strategy: Regulatory Environment - Cross-Cutting Reforms

This consultation has concluded

Read the full outcome

Financial Services Growth and Competitiveness Strategy Regulatory Environment - Cross-Cutting Reforms: Consultation response

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Detail of outcome

This document provides a summary of the key themes raised by respondents in response to the questions in the consultation and notes the government’s final policy position on the proposals within the consultation. The government will bring forward primary legislation to deliver the reforms when Parliamentary time allows.


Original consultation

Summary

A consultation on ensuring the financial services regulatory environment is effective, proportionate, and in line with the government’s ambition on regulation.

This consultation closesran atfrom
to

Consultation description

This consultation forms part of the government’s Financial Services Growth and Competitiveness Strategy. It covers a number of changes the government is proposing in relation to the overarching regulatory framework for financial services.

These proposals are designed to ensure that the framework is effective and proportionate and in line with the government’s overall ambition on regulation. This includes:

  • Shorter statutory deadlines for the regulators to determine key applications.
  • A requirement for the regulators to produce long-term strategies with clear goals and priorities.
  • Rationalisation of how various legislative “have regards” feed into regulator policymaking.

Documents

Financial Services Growth and Competitiveness Strategy Regulatory Environment - Cross-Cutting Reforms Consultation

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Updates to this page

Published 15 July 2025
Last updated 12 May 2026 href="#full-history">+ show all updates
  1. Consultation outcome added.

  2. First published.

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