Responding to the Chancellor Rishi Sunak's ambition for the future of the UK's financial services, Bob Wigley, Executive Chair of UK Finance said: "Making our financial system the safest and most transparent place in the world to conduct business is vital for the UK’s future global success....
".... The creation of a strong but proportionate
regulatory framework would enhance the banking and finance sector’s
competitiveness and make the UK attractive for international investment,
while maintaining robust levels of customer protection. At the same
time, the sector recognises the importance of creating a resilient
financial system in helping the UK deliver on its net-zero commitment by
2050, cementing its role as a world-leading green finance hub.
Bob Wigley, Executive Chair of UK Finance said:
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