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Under the Government’s proposals more power would be given to ministers to do this with the document arguing: “We cannot delay much needed regulatory change, or risk baking in outdated EU law.”
However, Ms Hewson warned that the ambitions would need to be backed up with action from regulators.
In a recent blog post she warned the Financial Conduct Authority had gone “woke” by proposing the addition of diversity targets to company listing rules.
She explained: “When you look at what regulators are doing some are pushing an activist political agenda.”
This, she said, contrasted with the aims of the Government’s Brexit document of “regulation only where absolutely necessary.”
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