HMT Treasury has unveiled the “Edinburgh Reforms” of UK Financial services, which includes over 30 regulatory reforms. 

The plans will repeal and replace part of EU retained laws which currently govern financial services. The reform aims to establish a smarter regulatory frameworks for the UK which is less costly and more responsive to emerging trends

https://www.gov.uk/government/news/edinburgh-reforms-hail-next-chapter-for-uk-financial-services