The FSA needs to take a ‘simplified' approach to how it consults with the industry, according to the new chairman of the All Party Parliamentary Group on Insurance and Financial Services.
Jonathan Evans, a former trade minister and MEP, supports the coalition Government's plans to split the FSA.
However, he warns the new regulators must not adopt the FSA's current policy of issuing a raft of consultation papers.
Evans says in his role as a board member of NFU Mutual he was bombarded with a huge
The week on Risk.net, July 14–20, 2017Receive this by email