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AFB FRF Review Response

On Wednesday 9 February the AFB responded to HM Treasury’s ‘Future Regulatory Framework Review: Proposals for Reform’. The AFB and its members are broadly supportive of the proposals and welcome measures to ensure the UK remains an attractive place for non-UK headquartered banks to do business, through measures such as the Regulators’ secondary objective to promote the UK’s international competitiveness, strengthening the requirements around cost-benefit analysis (CBAs) and a framework for reviewing existing rules. AFB members can read our response here.