In a recent address at the Personal Investment Management & Financial Advice Association (PIMFA) Compliance Conference 2025, Lucy Castledine, director of consumer investments, shared the regulatory perspective and priorities for 2025. Her speech offered critical insights into the future financial landscape.
Lucy Castledine underscored the importance of regulation in fostering a fair financial marketplace. She stressed that regulations shouldn’t be perceived as obstacles but rather as essential frameworks to earn consumer trust and promote a competitive, innovative fintech environment.
Castledine highlighted increased transparency as a top priority in the financial sector. She emphasized the need for clear, accurate, and timely information for consumers. Additionally, she stressed the importance of fraud prevention and cybersecurity, given our growing dependence on technology.
Moreover, she emphasized the importance of encouraging competition in the marketplace. She argued that increased competition could lead to superior services and products for consumers. Furthermore, it could also stimulate innovation, crucial for the future growth of the fintech sector.
Regulation – A Catalyst for Innovation
Castledine stressed that regulations should be seen as a catalyst for innovation, not a barrier. She suggested that a robust regulatory framework could give consumers the confidence to adopt new financial technologies and services. Consequently, this could stimulate the growth of fintech firms.
She also urged the fintech sector to engage actively with regulators. Such engagement could help shape a regulatory framework that supports innovation while safeguarding consumers. It could also ensure that regulation keeps up with the rapid changes in the fintech landscape.
Lucy Castledine’s speech at the PIMFA Compliance Conference 2025 provided a clear roadmap of the regulatory priorities for the upcoming years. It reinforced the role of regulation in creating a fair, transparent, and competitive financial marketplace. Moreover, it spotlighted the potential of regulation to foster innovation in the fintech sector.
For more details about Castledine’s speech and the regulatory perspective and priorities for 2025, read the comprehensive report here.
