CILA could play regulatory role if Insurance Mediation Directive is passed
The Chartered Institute of Loss Adjusters could change its remit to become a regulator if leaked European regulation to oversee the industry is introduced, according to its president Simon Burley.
While the Financial Services Authority, or its successors, has been tipped as the frontrunner to oversee the industry as a regulator, Burley has argued that CILA could fill the void, subject to any
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