Source · Select Committees · Financial Services Regulation Committee
Recommendation 193
193
The introduction of the secondary objective has increased the regulators’ focus on the impact that...
Conclusion
The introduction of the secondary objective has increased the regulators’ focus on the impact that their activities have on growth and international competitiveness, but it has also brought into relief long-standing issues that limit or introduce frictions to firms’ ability to grow, innovate , compete, and attract investment.
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 ↗