Wednesday, October 9, 2024

BlackRock UK chair calls domestic regulation ‘enabling’ and environment ‘beneficial’ to do business

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At a House of Lords Financial Services Regulation Committee hearing today (9 October), Boss began by “emphasising how important the UK is to us as a global investment manager”.
“This is unquestionably the global international hub for investment management,” the chair added.
FCA CEO Nikhil Rathi: ‘UK markets stay relevant because we are always open to reform’
According to Boss, the UK is an environment that fosters “predictable outcomes” for asset managers based on a “highly competent regulatory environment”. 
“That [environment] combined with being a capable legal environment, e…

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