Source · Select Committees · Financial Services Regulation Committee
Recommendation 8
8
Paragraph: 63
To improve regulatory decision-making, we recommend that the FCA and the PRA, in conjunction with...
Recommendation
To improve regulatory decision-making, we recommend that the FCA and the PRA, in conjunction with their respective CBA Panels, create a joint cost of compliance working group to study how the regulators may develop their understanding of cumulative compliance cost and integrate this into their CBA process.
Paragraph Reference:
63
Government Response
A response document is linked to this report, dated 3 September 2025. Response attribution to this recommendation has not been verified. Read the response document ↗