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House of Lords plays vital role

As the government looks to forge ahead with its planned changes to the UK's competition regime, Lord Hunt highlights the role of the House of Lords in examining ill-thought-out legislation.

The annual game of 'ping pong' between the House of Commons and the
House of Lords has been especially relevant this year. Firstly, because
the reform of the second chamber has still not been

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FCA vows to keep pressure on premium finance APRs

The Financial Conduct Authority has said it will “continue to put pressure” on companies offering premium finance in a bid to continue lowering annual percentage rates after revealing the impact its enforcement action has had so far.

FCA’s Knight insists CPD changes are not a relaxation

The Financial Conduct Authority’s decision to ditch its 15-hour-per-year continuing professional development requirement for insurers should not be viewed as a relaxation of standards, according to the regulator’s director of insurance, Chris Knight.

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