London | Australia’s banking industry has called on the Albanese government to copy a British scheme that looks to ease the red-tape tangle by setting out a joined-up roadmap of future reforms and regulation.
British financial regulators are herded to a single table twice a year to create a “grid” that ensures their various reforms do not conflict, and do not arrive in a disorderly or overwhelming rush.
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Hans van Leeuwen covers British and European politics, economics and business from London. He has worked as a reporter, editor and policy adviser in Sydney, Canberra, Hanoi and London. Connect with Hans on Twitter. Email Hans at hans.vanleeuwen@afr.com
