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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Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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