The ‘back to the future’ proposal of merging the FCA, PRA and PSR is still a possibility, says global head of financial regulation
The insurance industry has welcomed Liz Truss being named as the UK’s new Tory party leader and prime minister, which was announced yesterday at midday (5 September 2022).
As reported by BBC News, Truss gained 81, 326 of the votes beating opponent Rishi Sunak who was also running for the position, he gained 60, 399 votes.
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