The Finance Innovation Lab and Fair By Design have published a briefing on the upcoming Financial Services Bill.
The briefing notes this is a once in a generation opportunity to reinvent the system for regulating finance. It is a chance to ensure the regulators – and therefore the rules of the industry – are supportive of the needs of people and planet.
Finance Innovation Lab and Fair By Design are calling on the government to use the Bill to align regulators with: (i) net zero; and (ii) financial inclusion goals.