Liiba’s Croft: Competitiveness objective for watchdogs will create nuanced regulation
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Liiba’s Croft: Competitiveness objective for watchdogs will create nuanced regulation

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The proposed requirement on the UK regulators to promote the competitiveness of the financial sector on the global stage will help to create nuanced insurance regulation, according to the London & International Insurance Brokers Association (Liiba).

In a letter to the Financial Times, Liiba CEO Chris Croft said that the objective for the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) will help to prevent wholesale insurance broking being stifled by rules designed for...

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