New prudential rules for investment firms in the UK seek to marry up two seemingly contradictory aims: lighter rules for the industry that better protect consumers. < A new, simpler set of prudential requirements for investment firms should reduce barriers to entry and allow for better competition in the industry. But these
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Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.