UK Finance responds to the Chancellor's ambition for future of UK financial services

09 November 2020

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:

© UK Finance