We summarise the current evidence base connecting financial services regulation to economic growth and identify areas for future research.
Read the Research Note (PDF)[2]
Our role is to ensure that financial markets work well for consumers, participants, and society as a whole. This is central to a productive and growing economy.
We are conducting research to better understand the role of regulation in enabling financial services to support growth and competitiveness in the UK economy.
As part of this, our literature review focuses on 3 key routes to support growth:
- Increasing exports by enhancing the international competitiveness of financial services.
- Increasing the productivity of the UK financial services sector.
- Supporting broader economic growth in the real economy by delivering high-quality and value-driven services, investment, and oversight to where they are most needed.
Next steps
In the review we suggest specific areas for potential further research. We welcome comments and suggestions about areas for further research, as well as existing research we may have missed, and questions we haven’t asked. Please contact [email protected] and we will endeavour to respond.
Authors
Eric Morrison, Conor O’Loughnan, Kieran Odedra, Rose Poyser, Karan Singh and David Stallibrass
Disclaimer
Research notes contribute to our work by providing rigorous research results and stimulating debate. While they may not necessarily represent the position of the FCA, they are one source of evidence we may use to discharge our functions and inform our views. We strive to ensure research outputs are accurate, through checks including independent referee reports, but the nature of such research and choice of research methods is a matter for the authors using their expert judgement. To the extent that research notes contain any errors or omissions, they should be attributed to the individual authors, rather than the FCA.