Sector Regulation Sector Regulation

Insurers need removal of UK barriers to entry, PRA’s Sweeney says

By Fiona Maxwell
  • 25 May 2021 10:44
  • 25 May 2021 10:44
Removing insurers’ barriers to entry into the UK market is a focus for the Prudential Regulation Authority, executive director Anna Sweeney said today, as the regulator looks to encourage post-Brexit competition in the industry.

Sweeney, who manages insurance supervision at the Bank of England’s regulatory arm, said it is considering how to ease

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