Financial Services: Regulation
Commons · Question 43694 · Tabled 2 Apr 2025 · Treasury · Official record
Answered 9 Apr 2025
Question
Asked by Joe Robertson
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.
Answer
Answered by Emma Reynolds, 9 Apr 2025
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...