The sum of its parts?

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The Basel Committee on Banking Reform had a message for the bancassurance industry in its long-awaited revisions to its latest regulatory guidelines: the party’s over.

The revisions, published in the committee’s consultative document, Strengthening the Resilience of the Banking Sector, in December last year, took aim at many aspects of the financial services industry, but one proposal could pose a threat to the bancassurance model that until recently was held up as the way to get the best from

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