✉news BusinessFinance first seen 7 h ago, last 7 h ago, peak #33
Peers say Parliament at mercy of UK finance regulators
Original: Parliament at the ‘mercy’ of UK finance regulators, say peers
Members of the House of Lords warn that Parliament has been left at the 'mercy' of UK finance regulators, arguing that lawmakers lack sufficient oversight over bodies that set and enforce financial rules. The criticism, reported by The Banker, highlights concerns about democratic accountability in the regulation of Britain's financial services sector following the UK's post-Brexit repatriation of regulatory powers.
Why now: Ongoing debate over democratic accountability of UK financial regulators has drawn criticism from senior peers.
House of LordsUK ParliamentThe BankerUK finance regulators
Evidence
- Parliament at the ‘mercy’ of UK finance regulators, say peers · thebanker.com
API: https://socialmediatrends-api.osmike.com/v1/trends/355448