The report, produced by a taskforce of Conservative lawmakers, chaired by pro-Brexit lawmaker Iain Duncan Smith, set out a "bold new UK regulatory framework", and reforms for key sectors and how they could be implemented.
The report's recommendations include allowing pension schemes to invest in companies that cut carbon emissions. Rules for setting margins or cash deposited at a clearing house to support trades should be more flexible, and the burden of anti-money laundering rules on fintechs reduced. Plans to develop a digital pound and launch a pilot within 12 to 18 months should be accelerated, the report said.
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