Prudential Regulation Authority (PRA)

FCA and PRA seek to ban and fine former insurance CEO

A joint investigation by the regulators found that between February 2010 and July 2016 Stuart Malcolm Forsyth transferred excessive amounts of his own salary to his wife, and as a result paid £18,000 less in income tax than he should have done.

GI firms pass stress test

PRA writes to general insurance CEOs with results of stress testing in run up to Solvency II and firms are described as “resilient”.

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