Financial Markets

(asked on 18th March 2015) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 9 March 2015 to Question 225717, if he will request that the Prudential Regulation Authority and the Financial Conduct Authority report on their performance in relation to sustainable growth in their annual reports.


Answered by
David Gauke Portrait
David Gauke
This question was answered on 26th March 2015

The Financial Services and Markets Act 2000 requires the Prudential Regulation Authority and Financial Conduct Authority to include consideration of the principles of good regulation in their annual report.

These statutory principles of good regulation include “the desirability of sustainable growth in the economy of the United Kingdom in the medium or long term”.

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