Financial reforms ‘only effective’ if taken advantage of by insurance sector – Secretary to the Treasury

treasury

Insurance ’is one of the industries that can make the biggest difference in terms of investment to grow our economy,’ says City minister

Financial regulatory reforms such as Solvency II will only be ”effective if they are taken advantage of” by the insurance sector. 

That was according to Bim Afolami, economic secretary to the treasury and minister for the City. 

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