Opinion  

Merging of the regulators – to Truss or not?

Sonia Rach

Sonia Rach

Currently the two regulators, the FCA and TPR, have differing rules.

Bringing these two together would mean it simplifies the implementation of rules for providers, who have found in the past that two sets of rules from two regulators are contradictory in practice.

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But for now we just have to wait and watch if Truss lives up to her promises, giving the public a chance to realise if the right decision was made or if we have landed ourselves with yet another unTrussworthy politician. 

sonia.rach@ft.com