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UKGI is ‘a long way off having regulation as an enabler’ for growth – Biba’s David Sparkes

By 2025-11-24T07:00:00

preventing growth, road block

The FCA is collaborating more with brokers and has ‘started that journey’ to streamline rules in order to facilitate economic growth, says regulation director

Despite the UK government’s ambition to leverage the financial services sector as one of eight key industries primed to facilitate national economic growth, the current regulatory landscape provided by the FCA is still “a long way off” being an “enabler” of desired growth, according to David Sparkes, regulation director at broking trade body Biba.

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