Bloomberg Talks Financial Conduct Authority CEO Nikhil Rathi Talks Financial Regulation
Apr 25, 2025
Explore the impact of recent economic shocks on the UK's financial market and housing sector, driven by rising interest rates. Discover the intricate balance between strict financial regulations and consumer credit accessibility. The conversation delves into necessary reforms that simplify rules while protecting consumers. Learn about the evolving landscape of financial regulation in the U.S. and the U.K., addressing challenges linked to market volatility and digital assets. Emphasis is placed on adaptive regulations and robust international collaboration.
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Market Resilience Amid Volatility
- Financial markets in London showed resilience amidst recent extraordinary volatility and record trading volumes.
- Regulatory focus remains on maintaining market integrity and preventing policy shocks becoming financial shocks.
UK Housing Market Resilience
- UK housing market remains resilient despite significant interest rate shifts and lower repossessions than pre-COVID.
- Supporting first-time buyers is important to reduce high rent burdens and boost long-term financial wellbeing.
Balance Regulation and Innovation
- Regulations must stay fit for future needs while simplifying and maintaining consumer protection.
- The UK is implementing reforms to balance growth, innovation, and competitiveness with robust safeguards.