Partner Steven Lightstone spoke to GlobalCapital about the United Kingdom’s recently announced Edinburgh Reforms, which concern financial services.
“The focus on enhancing the competitiveness and growth of the UK financial service sector is welcome, although it remains to be seen whether the government will strike the right balance between boosting the sector’s competitiveness (including through giving regulators the secondary objective of ensuring the sector remains competitive) and retaining the guardrails that were put in place following the 2008 financial crisis to ensure financial stability,” said Steven.
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