What do you need to know about the FSM Bill?

What do you need to know about the FSM Bill?

Post-Brexit reforms: The FSM Bill broadens UK regulators' remit as we see them taking on more responsibility.

Author: Ruleguard – ruleguard.com


The Financial Regulatory Framework (FRF) Review was launched to investigate how the UK could tailor its regulatory infrastructure to better suit the UK’s objectives.


Post-Brexit we see the Government emphasising its desire to maintain the UK’s spot as key hub for financial services.  The recommendations from the FRF Review are being implemented via the Financial Services and Markets Bill.


One of these recommendations includes adding additional powers to the supervisory bodies.  It also includes broadening regulatory objectives to encourage future growth in a sustainable manner to improve competition.


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