RegulationOct 31 2022

Regulators pitted against parliament if 'call-in powers' granted

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Regulators pitted against parliament if 'call-in powers' granted
Prime minister Rishi Sunak, who is forging ahead with new "call-in" powers (Chris Ratcliffe/Bloomberg)

The Bank of England and Financial Conduct Authority could be pitted against parliament after the government confirmed it will continue with plans to allow the Treasury to force regulators to make, amend or revoke rules.

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