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UK finance minister's call for regulatory change in Mansion House speech published

( November 14, 2024, 22:00 GMT | Official Statement) -- MLex Summary: UK finance minister Rachel Reeves promised the financial industry to overhaul regulation to deliver growth. The full transcript of her Mansion House address last night details her belief that changes to the financial regulation framework following the global financial crisis "have resulted in a system which sought to eliminate risk taking." She also said: "That has gone too far and, in places, it has had unintended consequences that we must now address."Speech is attached....

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