UK Regulators Propose Easing Finance Vetting Rules

UK financial regulators proposed easing vetting rules for finance employees to reduce burdens and boost growth. The changes plan to scrap annual checks and save firms two billion pounds.

Workers walk through Canary Wharf with a construction site in the background in London, Britain, June 9, 2026. REUTERS/Chris J. Ratcliffe/File Photo

Financial regulators in the United Kingdom proposed scrapping annual vetting checks for 139,000 employees, aiming to cut compliance costs and boost economic growth.

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