Response to the Independent Commission on Banking’s Issues PaperNovember 15, 2010
In response to the Independent Commission on Banking’s Issues Paper, London First has submitted a response identifying the need for a proportionate approach to regulation.
Our submission highlights the importance of balancing increased financial stability with measures that encourage competition and support London’s international competitiveness. Given the international nature of the financial services industry and the wealth of regulation currently in process, our submission also calls for the UK to ensure that any new measures are mindful of the current reforms and do not duplicate but target any gaps. In response to the