Financial Markets and Funds Partner Neil Robson spoke with Compliance Week, providing his take on the UK Government’s regulation reform agenda. Noting that the government’s plans are far from concrete, Neil stated, “It is too soon to know if any of the proposals will actually go anywhere. It all seems more like soundbites rather than real action.”
There are opportunities for real, difference-making change. He shared, “A lot of [Financial Conduct Authority] FCA reporting is mandatory and seems to have no real benefit to firms themselves, their customers, or the markets. There are scenarios where both sides of a transaction have to report, so the FCA gets the same information twice, which is duplicative and unnecessary.”
“UK’s deregulation drive raises compliance risk, say top lawyers,” Compliance Week, April 21, 2025
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