FCA CEO responds to Financial Services and Markets Act requirements

Nikhil Rathi, Financial Conduct Authority CEO

Nikhil Rathi, CEO of the Financial Conduct Authority, has outlined five ingredients he feels are essential to support international competitiveness and growth over the medium to long term.

In a speech delivered at the City Dinner in Mansion House this week, he said: “I want to focus on the new secondary objective to support international competitiveness and growth over the medium to

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RSA sells direct PL business to Admiral

RSA and its parent company Intact Financial Corporation has this morning confirmed the sale of its UK personal lines operations to Admiral Group Plc for an initial cash consideration of £82.5m, as reported by Insurance Post earlier this week.

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