Financial Services: Regulation

Summary

To ask the Chancellor of the Exchequer, what her Department's policy is on whether compliance costs reported for financial regulations should be subject to periodic independent verification.

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Timeline

1. 2 April 2025

   Written question

   To ask the Chancellor of the Exchequer, what her Department's policy is on whether compliance costs reported for financial regulations should be subject to periodic independent verification.

   Source: Commons

2. 9 April 2025

   Answer

   Following the announcement to cut the administrative costs of regulation on businesses by 25% by the end of this Parliament, the government is now taking forward a baselining exercise to understand how much regulation is costing and where it can be reform...

   Source: Written answer

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• · Treasury · Answering body

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