
Regulation possibility is the stuff of 'nightmares'
The Association of Risk Managers (Airmic) is seeking an urgent meeting with the Treasury after the Financial Services Authority (FSA) stated they were unable to conclude that group risk management companies are not carrying out regulated activities by way of business.
Retiring Airmic chairman Nick Chown had told the association's annual conference in Manchester last month that indecision by the FSA and Treasury over whether risk managers should be regulated - along with brokers - was wasting
More on Regulation
POLL: CYBER COVER
Most read
- Ardonagh picks up selected renewal rights from Ageas Retail in £7m deal
- Eldon Insurance states none of its data was used by Leave.eu campaign
- Stackhouse Poland buys Honour Point
- Primassure moves from SSP and Open GI to Applied
- Is the talent pool drying up?
- Aggregators eating into SME business – GlobalData
- Towergate owners post £261m loss for 2017