UK’s top banking regulator to set targets with five-year strategy

In an effort to enhance accountability and transparency, Katharine Braddick, the UK’s top banking regulator, is set to announce a five-year strategy for the Bank of England’s Prudential Regulation Authority. This move aims to strengthen regulatory oversight and ensure better alignment with public expectations. With the banking sector playing a critical role in the economy, these reforms are essential for maintaining public trust and fostering financial stability. For more details, check out the full article on Financial Times.