Biba calls for appropriate, proportionate and cost effective regulation
Eric Galbraith, British Insurance Brokers' Association chief executive, said the organisation is pleased its concerns over splitting the regulation for the sector have been taken on board, and that insurance intermediaries appear to be falling under the scope of one new regulator, the Consumer Protection & Markets Authority.
Mr Galbraith said: “Biba has been engaged with Mark Hoban MP, financial secretary to The Treasury since his time as a conservative shadow minister and we look forward to working with him in the future
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