Reeves who in July claimed regulators were a boot on the neck of business cheered her recent decisions to sack the chair of the competitions watchdog, shut down the payments regulator, and severely constrain the Financial Ombudsman Service, which UK banks have long lobbied to curtail. However, she said there was still more to do. I want to take out more regulators, there's still too many, Reeves told investment firms gathered in London at the British Private Equity & Venture Capital Association (BVCA) summit
The 125-page report, entitled " Simplifying Research Regulations and Policies: Optimizing American Science," lays out a three-pronged framework to guide a cohesive national strategy toward implementing more economical regulations. Those prongs include harmonizing regulations and requirements across federal and state agencies and research institutions, ensuring that regulatory requirements match the risk related to the project, and using technology to make regulation-compliance processes more efficient.
Businesses large and small, across the UK, will be listening hard to the Chancellor's speech - to see if it can truly spark much needed investment reform.
The last four years has been marked by significant reform. I am looking forward to working even more closely with Nikhil so there is no let up in the pace of change, and to ensure we have the right relationships, domestically and internationally, to deliver our ambitious strategy.
The Australian crypto industry has called on the newly reelected Labor government to urgently make digital asset legislation a top priority to ensure Australia doesn't fall further behind global markets.
To succeed in transforming federal procurement, it is essential to learn from past initiatives like the Federal Acquisition Streamlining Act, emphasizing collaboration and non-partisanship.