The FCA has over-reached on a number of occasions and has then had to backtrack.
UK regulators are developing diversity policies and planning to roll them out in a way that will affect every corner of every bank.
The UK regulator wants to simplify the rules for banks and building societies. How might this work?
There are over 40 areas of potential equivalence in UK-EU financial services law. But they are so narrow that UK banks stand to gain little.