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Webinar: The future of financial services in the post-Covid, post-Brexit world
July 13, 2021 @ 3:00 pm - 4:00 pm
Guest speaker: Sam Woods, Deputy Governor of the Bank of England and Chief Executive of the Prudential Regulation Authority
As we look to build back better from the pandemic and embark on an optimistic vision for an outward-looking Global Britain outside the European Union, the return of many rule-making powers to the UK for the first time in decades has created a unique chance to ask fresh questions about the future of financial services in the UK, and how we should fine-tune the rules that govern the sector to provide it with the right conditions to thrive.
In the face of fierce international competition from rival financial hubs, this webinar will consider how the UK can use this opportunity to strengthen its position as a leading global financial hub by being more open, internationally competitive, technologically advanced, and greener than ever before; whilst also maintaining the highest global standards in the process. This webinar will also highlight the domestic benefits this will provide for constituents and businesses right across the UK as we recover from the economic impact of Covid-19.
We are fortunate to have as our guest speaker, Sam Woods, who as CEO of the PRA and Deputy Governor of the Bank of England, oversees the work of 1,400 banks, building societies, credit unions, insurers and major investment firms. As head of one of the UK’s leading regulatory authorities, Sam will consider what steps we must take to achieve this vision, looking at a number of ongoing initiatives including the future regulatory framework review and plans for reforms of banking and insurance regulation.
This webinar will also touch upon the APPG’s own report, on the important role that Parliament will have to play in scrutinising and setting the political framework for financial services regulators within this new regime.