Rewiring the Financial System for Growth – POLITICO

by · POLITICO

An event by MFA.

In the year since the Government’s flagship Leeds Reforms and Financial Services Growth and Competitiveness Plan, what progress has been made in rewiring the UK’s financial system for a much-needed boost to growth? This event brings together key figures from Westminster, the financial regulators and the financial services industry to consider the impact of the Government’s financial services agenda for the country’s economic growth prospects.

Guiding questions to be addressed include: 

  • What evidence is there that the UK is on track to achieve the Government’s objective of becoming the number one destination for financial services by 2035?
  • Where is further focus needed to ensure the regulatory environment contributes to enhancing the UK’s competitiveness in financial services?
  • To what extent has the new growth and international competitiveness objective been genuinely embedded in regulatory decision-making?   
  • How should the growing role of market-based finance be seen: a source of financial instability or a source of resilience?
  • What are the potential unintended consequences of further labour market reforms, such as bans on non-compete clauses, for the UK’s financial services competitiveness?

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