Kay Swinburne comments on Edinburgh Reforms
Dr Kay Swinburne, Vice Chair of KPMG UK’s Financial Services practice, comments:
Dr Kay Swinburne, Vice Chair of KPMG UK’s Financial Services practice, comments:
“While the majority of these reforms have been trailed before, they represent a step towards futureproofing the competitiveness and long-term growth of the UK’s Financial Services industry while seeking to maintain standards.
“The UK’s laws and regulations are, in large part, what makes the UK an attractive place to do business, so the reforms are a step closer to making regulation more efficient rather than a race to the bottom.
“The proposed data-led reviews are a welcome way of ensuring any changes going forward are both necessary and meaningful.”
ENDS
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