The Financial Services and Markets Bill and the role of Lloyd's

The Financial Services and Markets Bill and the role of Lloyd's The problems of the Lloyd's insurance market over the past few years have been extensively reported. The market survived nevertheless and has since undergone extensive restructuring to address the problems of the past. This has included a fundamental review of its regulatory framework. The new Financial Services and Markets Bill introduces oversight of Lloyd's by the Financial Services Authority FSA, thus implementing the key recommendation of Lloyd's own review of its regulatory arrangements, published last year. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Financial Regulation and Compliance Emerald Publishing

The Financial Services and Markets Bill and the role of Lloyd's

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
1358-1988
DOI
10.1108/eb024986
Publisher site
See Article on Publisher Site

Abstract

The problems of the Lloyd's insurance market over the past few years have been extensively reported. The market survived nevertheless and has since undergone extensive restructuring to address the problems of the past. This has included a fundamental review of its regulatory framework. The new Financial Services and Markets Bill introduces oversight of Lloyd's by the Financial Services Authority FSA, thus implementing the key recommendation of Lloyd's own review of its regulatory arrangements, published last year.

Journal

Journal of Financial Regulation and ComplianceEmerald Publishing

Published: Apr 1, 1998

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