Insurance sector welcomes withdrawal of draft reporting rules
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Insurance sector welcomes withdrawal of draft reporting rules

City of London. London's panorama at sun set.

Insurance sector leaders have welcomed the government’s withdrawal of draft regulations that would have imposed additional reporting requirements on large UK businesses.

The Department for Business and Trade today announced that the government has dropped draft regulations published in July and will instead look to “reduce the burden of red tape to ensure the UK is one of the best places...

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