Piling on the amendments

This past week saw the next phase of the Financial Services Bill 2019-21 inching through the UK Parliament’s upper chamber, the House of Lords. Amidst the line-by-line reading of proposed amendments via a Grand Committee, members freely laid into the FCA and other bodies over their handling of consumer issues such as the Woodford Equity Income Fund saga.

However, it also allowed the government, through Earl Howe (Frederick Curzon), deputy leader of the House of Lords, to remind the Lords that there is both an ongoing review of listing rules for companies and "the UK funds regime review, which is considering tax and regulatory opportunities to make the UK more attractive for funds".

26.02.21 Piling on the amendments.pdf

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