Financial Services Financial Services

Proposed UK financial regulation intervention power is a threat, BOE chief Bailey says

Andrew Bailey has become the latest senior UK regulatory official to warn against government plans to introduce a "call-in" power into the draft Financial Services and Markets Bill, cautioning that they could be a danger to independence.
Asked by a lawmaker in Parliament’s Treasury Committee whether the planned controversial power

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Fiona Maxwell

Senior Correspondent


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.

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