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The federal government announced in essay helper its Productivity Plan 2015 that departments may be necessary to work with regulators to create innovation plans by spring 2016. This announcement reflects the key government aim to make sure the UK is giving support to the development of new business models and disruptive technologies, wearing down barriers to entry and productivity that is boosting. To work on this the UK’s regulation and enforcement frameworks needs to be agile adequate to respond flexibly to continuing developments in new technologies and business that is disruptive.
The objective of this consultation is always to set out ongoing and proposed work to foster a supportive regulatory framework for financial services that allows innovation to flourish. […]