boe speech, 2024-10-17
In particular: we've improved the speed and efficiency of regulatory processes, with the timeliness of authorisation of new senior managers now running consistently at very close to 100%; we're revamping our rule-book to make it easier to navigate; and we are reviewing the banking data we collect with the aim of streamlining reporting, ensuring we get the data we need, but no more than we need, at the lowest cost to firms.
Sentiment: neutral
Topic: governance