Deregulation pressure rises as FCA chief Bailey eyes post-Brexit change

Calls for the post-Brexit deregulation of the City were again brought to the fore last week, when a Tory MP hosting an investment industry panel event in Westminster sought to encourage those present to "shape and guide what the British Government does" with regard to financial services regulation after the UK leaves the EU.

The Portcullis House event took place on the same day chief executive of the Financial Conduct Authority (FCA) Andrew Bailey delivered a speech outlining how the UK could develop a "lower burden" and "outcome-focused"...