Overview

This comparative table by Herbert Smith sets out the position of the three main UK political parties' positions on the key area of financial services regulation. It aims to provide a sense of the likely direction of reform when the final composition of Government is ultimately decided.

The table covers key divergences between the Labour Party, the Conservatives and the Liberal Democrats, including regulatory architecture and the separation of investment banking activities from retail banking activities.

It also outlines similarities in policy, which cover bank taxes, capital and liquidity requirements, living wills, remuneration policies, retail financial products and competition in the banking sector.

Please click “view briefing” to view the table.