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Sunak to push ahead with ‘call-in’ power despite FCA, Bank of England protest
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fnlondon.comThe government is set to push ahead with new powers to overrule the City's regulators despite protestations from top staff at the Financial Conduct Authority and Bank of England.
Ministers are set to get the right to 'call-in' regulatory decisions as part of the landmark Financial Services and Markets Bill, the government's attempt to set a new course for regulation in the wake of Brexit and free up the City.
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