Lords inquiry spotlights tightening regulatory net around London broking
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Lords inquiry spotlights tightening regulatory net around London broking

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Photo: Victoria Jones/PA Wire/PA Images

There are likely very few industries where leading market participants would describe regulation as proportionate, grounded in coal-face knowledge and no hindrance to trading whatsoever.

In UK insurance broking – and within the London wholesale and specialty segment especially – there is a view that current regulatory demands are mounting in a way that is disproportionate to the risk these businesses pose.

The

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