Biba reacts to Government consultation on new regulatory structure
The Government has opened its consultation on the future of financial regulation.
The Treasury has published - A new approach to financial regulation: building a stronger system which details the planned structure for financial services regulation. The consultation will end on 14 April 2011.
The announcement came after Mark Hoban revealed the decision to change the name of the body responsible for regulating brokers from the Consumer Market Protection Authority to the Financial Conduct Authority.
Head of compliance and training at the British Insurance Brokers' Association
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