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UK parliamentary group on challenger banking: ‘current regulatory model isn’t working’

By Gaia Lamperti

August 31, 2022

  • Banking
  • Challenger Banks
  • Diggital Transformation

The All-Party Parliamentary Group (APPG) on Challenger Banks and Building Societies has issued a report calling for a loosening of the rules challenger banks are subject to, claiming that the current regulatory model “isn’t working”. The group of MPs stated that a “one-size-fits-all” approach to regulation of UK lenders has failed and watchdogs need to “break […]

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