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FSA speech - In search of efficient, orderly and fair markets

In a recent speech to the Insurance Institute of London, John Tiner, chief executive, Financial Services Authority (FSA), recognised the efforts of the market to raise standards, which in turn will help to ensure that London will remain the platform of choice for international insurance.

The speaker goes on to say however, that without modernisation, London’s position as the place to do business is by no means assured. In Mr Tiner’s opinion there are two issues which are important to

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