Regulatory regime could drive European business from UK: Scor’s Newman
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Regulatory regime could drive European business from UK: Scor’s Newman

Rachel Dalton
15 March 2022
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The UK’s financial regulatory system, without reform to reduce the cost of compliance, could drive European-headquartered businesses to shut UK branches, according to Scor.

In a session with the House of Lords Industry and Regulators Committee, Scor’s EMEA hub managing director Malcolm Newman and Axa XL’s UK and Lloyd’s CEO Sean McGovern gave evidence as part of the Lords’ enquiry into the proportionality...

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News Regulation London market Scor Axa XL
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Rachel Dalton
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