Chairman of Lloyd's Regulatory Board gives his support.
John Young, chairman of Lloyd's Regulatory Board, has given his broad support to a single body regul...
John Young, chairman of Lloyd's Regulatory Board, has given his broadsupport to a single body regulating all intermediaries. Speaking at
Lloyd's annual general meeting last month, he said: "Our experience with
regulating Lloyd's brokers indicates that the problems we find are not
limited to Lloyd's, but extend across the London market: a whole market
solution therefore makes sense so long as standards are maintained to
ensure that any risk to either policyholders or capital providers is
properly
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