Negative Interest Rates, Lack of Inflation Experience, and Challenges in Banking Competition

The Financial Conduct Authority (FCA) has released several updates this month, including publishing the Regulatory Initiatives Grid and the Future Regulatory Framework. These updates clearly show the regulator's priorities – the 11 new ESG initiatives fit the theme of the recent COP 26 conference.

David Morrey, Partner, Head of Investment Management, Financial Services Group, Grant Thornton UK LLP and Gavin Stewart, Director, Grant Thornton UK LLP, discuss these updates and share their insights on what to expect ahead of the regulators ESG strategy.