Post magazine - 25 July 2013
In this week's Post, the Financial Stability Board's listing of global systemically important insurers has raised concerns over a "lack of clarity" on why implicated firms are on the list and the costs that will be generated by an enhanced supervisory regime.
Of the nine international insurers included in the ‘too big to fail' list, UK-domiciled firms Aviva and Prudential will be subject to increased scrutiny by the Prudential Regulation Authority.
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