**PRESS RELEASE** Winterflood Securities and Hargreaves Lansdown join Lord Moylan in support of Financial Services and Markets Bill.

The Financial Services and Markets Bill offers a significant opportunity to deliver investor inclusion in the UK, proposing major reforms supported across governmental, business, and regulatory lines. Crucially, it has the power to remove legacy regulation that has created unintended consequences and impeded investor direct access to diversified investments within UK bond markets.

During the bill’s second reading in the House of Lords on 10 January, Lord Daniel Moylan affirmed the importance of ensuring the bill continues to deliver on its objectives, by unlocking areas of unnecessary red tape to create a financial services regime fit for the future of investing. 

Commenting on the second reading of the bill in front of the House of Lords,

Stacey Parsons, Head of Fixed Income Strategy at Winterflood Securities and Chair of The Investor Access to Regulated Bonds (iarb) working group, a cross industry range of experienced UK financial professionals from the regulated said: 

“I applaud Lord Moylan’s comments, and I am grateful for his continuous advocacy of investor inclusion in the UK. I am pleased to see the Financial Conduct Authority has outlined a review of the prospectus regulation following Lord Hill's review, which will be included in phase one of the Future Regulatory Framework.”

Tom Lee, Head of Trading Proposition at Hargreaves Lansdown, commented:

“As the leading retail investor platform in the UK, we recognise the importance of investor inclusion across a variety of investment products. Investors in the UK have limited access to appropriate regulated transferable, high quality corporate bonds; we look forward to unlocking the barriers of entry currently experienced by investors.”