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UK financial regulators told growth, climate, financial inclusion are priorities

( November 15, 2024, 12:04 GMT | Official Statement) -- MLex Summary: UK finance minister Rachel Reeves has sent remit letters to the financial regulators following her address to the industry yesterday. The priorities set for the Bank of England's Prudential Regulation Authority and for the Financial Conduct Authority include enhancing economic growth, supporting the green transition, and reinforcing financial inclusion. In a letter to the BOE's Financial Policy Committee, tasked with leading the work on financial stability, Reeves re-emphasized the importance of considering nature-related risks to financial stability.Letters are attached....

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