’Working positively and constructively with the regulator has been a big mission for me because it’s supposed to support growth, not stop it or affect it negatively,’ says broker body chief executive
Proportionate regulation is vital to supporting the UK insurance broking sector in its mission to drive growth in the wider UK economy, said Biba in its latest 2025 manifesto, entitled Partnering to Deliver Value.
In the document, which was launched at an event at the Houses of Parliament yesterday afternoon (15 January 2025), the broker trade body identified a number of regulatory issues for the UK broking sector, zeroing in on the regulation of commercial businesses, authorisations of new firms and the need for the FCA to streamline its regulatory rulebook.
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