BIIBA submits its self-regulation plan to Treasury.
The British Insurance and Investment Brokers Association has sent its regulatory submission to the T...
The British Insurance and Investment Brokers Association has sent itsregulatory submission to the Treasury in favour of self-regulation under a
single body.
Mike Williams, chief executive at BIIBA, said: "Ideally we want statutory
regulation, but we are very aware of those significant words that the
government has used - 'we are minded to abolish the statutory basis of
regulation' - and so we have to be realistic."
He said that BIIBA had spoken to "hundreds of its members" on the issue of
regulatio
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