The Edinburgh Reforms

Treasury Committee Closed Inquiry
Opened: 26 Jan 2023 Closed: 28 May 2024 Parliament page
An inquiry into the financial services reforms announced by the Chancellor of the Exchequer on 9 December 2022. The large numbers of announcements comprising the Edinburgh Reforms are wide-ranging and at different stages of the policy-formation process. The Committee will consider elements of the reforms as they progress in the … Read more
3 Recommendations
15 Conclusions
1 Report
3 Letters
1 Event
Activity timeline 7 events
26 Apr
2024
Report published
21 Feb
2024
Report published
8 Dec
2023
Report published
24 Oct
2023
Correspondence
24 Oct
2023
Correspondence
7 Mar
2023
Correspondence
1 Feb
2023
Formal meeting (oral evidence session) · The Thatcher Room, Portcullis House
Title HC No. Published Items Response
Second Report - Edinburgh Reforms One Year On: Has Anything Chan… HC 221 8 Dec 2023 18 Responded
Recommendations & Conclusions
1 result
Clear
15 Recommendation Accepted
Second Report - Edinburgh Reforms …
Prioritise financial services reforms that boost economic growth and protect consumers.
The Treasury’s priorities in its financial services reform plan should be reforms that will make the most difference to the UK’s economic growth, and reforms that prevent harm to consumers and businesses, making sure they are provided with well-designed, suitable … Read more
Government Response
The government implicitly accepts the need for reforms that promote growth and protect consumers, claiming the current wide-ranging package is already achieving this. They cite the Advice Guidance Boundary Review consultation as a significant step towards ensuring consumers receive affordable financial advice.
HM Treasury
View details
Government Response AI assessment · 9 of 3 classified
Accepted 1
Not Addressed 2
Rejected 6
Total 3 recs + 15 conclusions
Correspondence 3 letters
24 Oct 2023 Correspondence to the Chancellor of the Exchequer relating to progress with Edinburgh Reforms, dated 6 September
Parliament page
24 Oct 2023 Correspondence from the Chancellor of the Exchequer relating to progress with Edinburgh Reforms, dated 6 October 2023
Parliament page
7 Mar 2023 Correspondence from the Economic Secretary to the Treasury, relating to the publication of the Call for Evidence on aligning the ring-fencing and resolution regimes, dated 2 March
Parliament page