City minister calls for regulatory rethink post-Brexit
City minister Mark Field has called for the UK's financial
watchdogs to review the cumulative impact of regulation on the
(re)insurance sector and to play a more proactive role in its
growth.
The Conservative MP for the Cities of London and Westminster
wrote in City AM this morning that there was an
opportunity for the UK regulators to ensure the current level of
regulation was not damaging London's insurance market.
"Insurers would now like government to give [the Prudential
Regulatory...
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