IBRC will stay until Act goes.
The Treasury has confirmed that the Insurance Brokers Registration Council will still exist after 31...
The Treasury has confirmed that the Insurance Brokers RegistrationCouncil will still exist after 31 October , the date on which the present
council will wind down its activities.
A spokeswoman for the Treasury said: "As long as the Insurers Brokers
Registration Act remains on the statute books, there will need to be a
regulatory council for those who wish to continue to be known as
brokers.
However, we are still in discussions with the IBRC and its representatives
regarding this matter."
It is not
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