UK government publishes Financial Services Bill

Canary Wharf at night

The UK government on January 27 published the long-awaited Financial Services Bill, which will overhaul the regulatory landscape for the UK's financial sector.

The Treasury said the new regime sets out a "clear, coherent and comprehensive" regulatory framework, but Laura Cox, a partner in the financial services regulatory group at PricewaterhouseCoopers, disagrees.

"While we welcome the government's efforts to progress this critical legislation, we had hoped to see some of the very constructive

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