Britain's financial watchdog sets up in US and Asia to attract firms to UK

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LONDON : Britain's Financial Conduct Authority has appointed staff in the United States and the Asia-Pacific region for the first time, to help overseas firms to enter the British market and boost exports of UK financial services, the watchdog said on Tuesday.

The FCA said in March it would reassess its attitudetowards financial firms' risk-taking in order to boost growth.

The FCA's international push comes at a time when it is under pressure from Britain's left-leaning Labour government to help promote the country's economic growth.

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Category: EconomyBusiness

Markets: SingaporeAustraliaUnited States

Topics: Support March Britain Firms Asia-pacific Financial Growth British London Conduct Help

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-15 @ 17:16:48 (6 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 261 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 27914468

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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Year Established: 1999

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