Brokers speak out on regulatory burden

drowning-red-tape-regulation

MP reopens debate over the effect of increasing regulation on small brokers

The burden of regulation could push smaller brokers out of the insurance market, industry experts have warned.

The universally held view is that the broker market is shrinking. The discussion was brought back into focus by Craig Tracey, Conservative MP for North Warwickshire, in a recent debate about regulation and the Financial Conduct Authority in the House of Commons.

Debating regulation

Craig Tracey, Conservative MP for North Warwickshire (pictured right), took part in a debate about

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Lords Committee ‘unconvinced’ on FCA name and shame proposal

The House of Lords Financial Services Regulation Committee is unconvinced on the FCA’s name and shame plans as it branded the consultation an “abject failure” and urged if concerns have not been addressed in the regulator’s second consultation the proposals should not go ahead.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: