Working alongside HM Treasurey to kickstart growth
I am delighted to announce the City of London Corporation collaboration with HM Treasury, regulators, and the Office for Investment to establish a concierge service that will enhance the UK’s position as a leading global financial services hub. By streamlining access to our regulatory framework and removing barriers to entry, this initiative will make it easier for international firms to invest and thrive in the UK.
We know excessive risk version is holding back growth. We need agile and streamlined regulation which prioritises growth. I will be working with senior industry leaders to develop bold proposals to improve risk culture and regulation. We will unveil these later this summer.
You can read more about this initiative here.