Committee publication · Correspondence · 13 January 2026
Correspondence from the Chair to the Chief Executive of the FCA requesting follow-up to oral evidence, dated 18 December 2025
From: Treasury Committee
Summary
The Treasury Committee Chair requests written follow-up from the FCA Chief Executive on three topics raised during oral evidence on 16 December 2025: unimplemented elements of the Leeds Reforms and their timeline, legislative or Treasury assistance needed for reform implementation and the secondary growth objective, and the FCA's planned timeframe for Maiden Life's funeral protection plan withdrawal.
Key findings
- FCA committed to written follow-up on Leeds Reforms implementation status and timeline for remaining elements (Q502)
- Committee seeks clarity on legislative or Treasury assistance required by FCA to fully implement Leeds Reforms and promote secondary growth objective (Qq503, 513-514)
- Committee requests details and timeframe for FCA's work on Maiden Life funeral protection plan withdrawal (Qq471-472)
Tone
ProceduralTopics
financial-regulationconduct-authorityconsumer-protectioneconomic-growth
Key actors
Nikhil Rathi (FCA Chief Executive), Dame Meg Hillier MP (Treasury Committee Chair), Financial Conduct Authority (FCA), HM Treasury, Maiden Life
Notable line
“In line with the Committee's usual practice, I will be placing this letter and your response in the public domain.”
Source · parliament.uk record ↗