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Appropriate and proportionate regulation remains key to the long term future of the UK financial services sector. That the costs are paid for by the firms which benefit from this regulation is not disputed.
Our main concerns relate to cost control and to the lack of an appropriate fees tariff for building societies. Some of our arguments are not new but they nonetheless remain valid.
Please click here to read the full response.
Andrea Jeffries
Policy Manager
Industry Responses
Bank of England Bill
Ensuring operational continuity in resolution - PRA DP 1/14