Consultation on the Financial Services Sector’s regulatory environment

Views sought on ensuring the financial services sector is effective, proportionate, and in line with the UK government’s ambition on regulation

HM Treasury is seeking views on the financial services sector’s regulatory environment, to ensure it is effective, proportionate, and in line with the UK government’s ambition on regulation. 

This consultation forms part of the Financial Services Growth and Competitiveness Strategy. It covers a number of changes the UK government is proposing in relation to the overarching regulatory framework for financial services. 

These proposals are designed to ensure that the framework is effective and proportionate and in line with the government’s overall ambition on regulation. 

This includes: 

• Shorter statutory deadlines for the regulators to determine key applications.
• A requirement for the regulators to produce long-term strategies with clear goals and priorities.
• Rationalisation of how various legislative ‘have regards’ feed into regulator policymaking. 

How to respond to this consultation 

HM Treasury is interested in receiving responses from all interested parties and stakeholders. 

You can respond to the consultation by emailing your views to FSRegulatoryEnvironment@hmtreasury.gov.uk or posting them to Financial Services Strategy, HM Treasury, 1 Horse Guards Road, SW1A 2HQ. 

Find out more about the Financial Services Growth and Competitiveness Strategy consultation.

First published 17 July 2025