FCA CEO promises fewer large-scale changes for insurers

Nikhil Rathi, Financial Conduct Authority CEO

Nikhil Rathi, CEO of the Financial Conduct Authority, has promised to reduce unnecessary regulatory burdens and support growth of the insurance sector, with less large-scale rule changes in the next five years.

Speaking at the Association of British Insurers’ annual conference breakfast event, Rathi, pictured, kicked off his keynote speech by joking that after reading ABI director general Hannah Gurga’s

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