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UK financial regulators given 'tangible' growth measures to deliver

By Sofia Gerace and Phoebe Seers ( March 17, 2025, 14:14 GMT | Insight) -- The UK financial watchdogs have been given 16 measures to implement over the next year as part of the government's "radical" action plan to cut red tape. The Financial Conduct Authority and the Prudential Regulation Authority will be summoned for twice yearly performance reviews and will also see their legal duties "slimmed down" so they do not waste time satisfying redundant duties that do not align with their core purpose, the finance ministry said today.  UK financial regulators have been told today to implement 16 measures from the government's "radical" plan to cut costly red tape over the next 12 months....

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