What is the primary goal of the Edinburgh reforms?
UK's Griffith on Post-Brexit Opportunities

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Business, Social Studies
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To increase taxes on financial services
To eliminate Brexit freedoms
To lower regulatory standards
To modernize the regulatory regime
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which areas do the Edinburgh reforms cover?
Only consumer credit
Only wholesale markets
Every part of financial services
Only building societies
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the new opportunities mentioned in the reforms?
Increased tariffs on imports
Reduced international trade
Digital and distributed ledger technology
Higher interest rates
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the UK's approach to competing with other financial markets?
To equip the UK financial sector with a flexible rule book
To focus solely on the European market
To replicate the EU's financial regulations
To ignore international markets
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the changes to ring-fencing?
To eliminate it completely
To make it more flexible
To apply it only to small banks
To increase its restrictions
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the Bank of England contribute to financial stability under the new reforms?
By increasing interest rates
By implementing a resolution regime
By reducing bank balance sheets
By eliminating consumer protections
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the overall approach of the Edinburgh reforms according to the minister?
A cautious and minimal approach
A focus on reducing regulations
A balanced and ambitious set of changes
An emphasis on short-term gains
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