4.9 • 9 Ratings
🗓️ 16 September 2022
⏱️ 20 minutes
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0:00.0 | Hello there, welcome back. It's great to be with you. This is Mlex's weekly podcast, bringing you the top |
0:15.9 | regulatory stories of the moment with the assistance of our team of reporters around the world. |
0:20.7 | I'm James Panicki, a senior editor here at Emnex. |
0:24.5 | Now, you don't need me to tell you that there's plenty going on in the United Kingdom at the |
0:29.0 | moment, even without the death of Queen Elizabeth II. |
0:32.7 | The country has a new Prime Minister. Her name is Liz Truss. She has replaced the controversial, but always |
0:38.8 | colourful Boris Johnson. This is an important story for our UK reporters because there are |
0:44.8 | serious regulatory undercurrents for them to grapple with here. We've mentioned in earlier |
0:49.8 | podcasts the political backlash against the work of regulators in the UK, the assumption being that, |
0:55.7 | if nothing else, Brexit had the purpose of ridding the country of the European Union's red tape. |
1:01.8 | The argument is that to get Brexit done, as it were, regulation needs to be less burdensome and |
1:07.7 | more business-friendly, and trust has staked her reputation on making that happen. |
1:13.0 | Two of our London-based reporters have written some fine pieces of analysis dealing with this |
1:18.0 | very issue. Jakub Krouper is a senior correspondent covering data privacy and security as well as |
1:23.6 | future mobility. He joins us today from Munich, where he is indeed covering a future mobility |
1:29.5 | conference. And Fiona Maxwell is M-Mex's chief correspondent covering financial services from the |
1:35.2 | city of London, and they join us now. Jakob, let me start with you. What should we expect |
1:41.1 | from this government in very broad terms? I think we need to remember who the new Prime Minister is. |
1:47.0 | Liz Trust, the new Prime Minister, who replaced Boris Johnson, is a long-standing advocate |
1:53.0 | of the regulation of all sorts. |
1:55.0 | And Brexit, bizarrely, she's a newly converted Brexit advocate in 2016 when the UK voted on the referendum about the European Union. |
2:04.8 | She voted to stay and she campaigned for the UK to stay. |
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