Biba calls for "appropriate and proportionate" regulation

Eric Galbraith

Biba prepared and submitted a formal two-part response – based on the comments of a cross-section of members.

Biba responded to the questions in the consultation paper and additionally provided a paper providing both quantitative and qualitative comments on the current Financial Services Authority regime.

Putting the response into context, Eric Galbraith, Biba chief executive, said: “Insurance brokers pose a low risk to the objectives of the Consumer Protection and Markets Authority and care

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