Source · Select Committees · Financial Services Regulation Committee
Recommendation 133
133
The evidence we received provided mixed views on the extent to which the FCA and...
Conclusion
The evidence we received provided mixed views on the extent to which the FCA and PRA tailor their approach to regulation and supervision to ensure it is proportionate. The requirements placed on firms must account for variations in firm size, sector, and market segment. Proportionate regulation and supervision help to ensure that the rules firms must comply with are relevant to their business model, which can streamline compliance and remove barriers to their ability to grow.
Government Response
A response document is linked to this report, dated 3 September 2025. Response attribution to this conclusion has not been verified. Read the response document ↗