Article summary
HM Treasury has published a record of the meeting held on 20 January 2021 between the economic secretary to the Treasury, John Glen, and the CEO of the Financial Conduct Authority (FCA), Nikhil Rathi, to discuss the FCA’s Perimeter Report published on 20 September 2020. The FCA publishes an annual Perimeter Report setting out its views on the financial services regulatory perimeter, which defines the financial services activities that require firms to be authorised by the FCA. This record provides a summary of the discussion at that meeting.
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