IUA welcomes PRA's 'small business' decision on FSCS
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IUA welcomes PRA's 'small business' decision on FSCS

The IUA argued the change would change the mutualisation of risk in the market.

By Stephanie Denton Abbie Day
May 21, 2024
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The International Underwriting Association (IUA) has welcomed the Prudential Regulation Authority's (PRA’s) decision not to change the definition of 'small business' in the Financial Services Compensation Scheme (FSCS).

The

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