Global Counsel’s Becca Park on why the Financial Conduct Authority needs to take a regulatory pause and rethink its industry levy

Today’s guest outlines what she believes a UK government under prime minister Liz Truss will really mean for the country’s financial services sector. She explains why it’s time for the UK’s markets' watchdog to take a regulatory pause, and why a rethink of the FCA’s industry levy is needed. She also details what UK lawmakers missed in relation to post-Brexit reform of finance and what City execs can do now to shape the reform agenda.  

Becca Park is a former lawyer who was previously director of corporate affairs for the trade body UK Finance, and a member of the Executive Committee for the European Banking Federation. In 2021, she joined consulting group Global Counsel where she has been advising financial services firms on policy and regulation as its senior director for the financial services practice since 2022.