UK financial services bill risks weakening regulators’ accountability, upper chamber warns
By Sofia Gerace ( June 18, 2026, 09:45 GMT | Insight) -- The UK’s Financial Services Regulation Committee has raised concerns that proposed legislation would weaken financial regulators’ accountability to parliament. The committee told the investment minister that it was concerned the bill could reduce its ability to scrutinize sector regulators.A UK parliamentary committee has raised concerns that proposed financial services legislation would weaken financial regulators’ accountability to parliament....
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