The Treasury Committee has met with a number of key regulators and financial firms in the US ahead of scrutiny sessions next month of the UK’s Treasury and financial regulators.
Members of the committee had meetings with officials from the International Monetary Fund, the Securities and Exchange Commission, the New York Stock Exchange, the US Treasury and Congress. MPs said they asked questions about American financial policy and its impact on the US and global economy in a bid to gather informal testimony from experts and inform its scrutiny of the financial watchdogs and Treasury in the UK. Committee chair Harriett Baldwin said: "Now that the UK financial regulators have to consider competitiveness, the Treasury Committee was able to visit the world's bigg...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes