UK controllers propose new strategies to encourage variety

A gathering of the UK’s monetary controllers have laid out a progression of strategy measures to further develop levels of variety and incorporation in the monetary area. In a conversation paper distributed today (July 7), the controllers said that they didn’t plan to “recommend a ‘one size fits all’ approach”, however accepted strategy in any case has an “fundamental part to play in driving change”. The paper was distributed together by the Financial Conduct Authority, Bank of England and Prudential Regulation Authority.

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