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Key points for the insurance sector from the latest Mansion House speech
Overview of the UK financial services growth strategy; HMT changes to the insurance risk transformation regime and captive insurance regulatory framework; and SMR and FOS reforms.
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FCA’s second consultation on Consumer Composite Investments explained
The proposed CCI regime aims to replace the PRIIPs regime and certain UCITS disclosure requirements.
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HMT and FCA consultation on AIFM Regulations
Reforms address the overall regulatory framework for AIFMs and how rules will be made more proportional for different types of firms.