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CII Policy Briefing: Bank of England and Financial Services Act 2016

The Act is separated into 2 parts: first, amendments to the structures of the Bank of England; and secondly, a range of legislative provisions for the UK regulatory framework.

The Bank of England and Financial Services Act confirmed the UK Government's latest financial regulatory reforms into law. At the heart of these reforms are measures to better equip the Bank of England in its role of overseeing monetary policy and financial stability for the UK and to update the regulation of financial services.

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