“I mentioned the fees regulatory framework because it's sort of instrumental in setting the sort of foundational structures of the regulator, parliament and the Treasury how they operate together and what we aim to achieve there is a framework that allows those iterations and consultations to lead to effective policy making.”
Glen added that he meets with the Asset Management Task Force regularly and has met with over 60 chief executive officers one to one since the start of this calendar year.
“Through that process and other dialogues with financial services leaders with the Prime Minister, Chancellor and Governor last week, and I meet very frequently with the head of the FCA, and the PRA, to ensure that what I pick up from these industry engagements is really built into the thinking as things evolve.
“We can always do more, but I hope I've shown I've had an open door over the last three and a half years. I continue to reach out as much as I can but we're very focused on finding both the right foundational principles and structures, but then also streams of work that deliver legislative change as is required.”
sonia.rach@ft.com
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