Freight forwarding firms given regulatory reprieve
The Economic Secretary to the Treasury, Ed Balls, today announced that freight forwarders will be removed from the scope of Financial Services Authority insurance regulation, in a move that will decrease regulation on the industry and help promote its international competitiveness.
Speaking ahead of a meeting of the Chancellor’s high level group on Wednesday, Mr Balls said: “As well as assessing whether European regulation is necessary and in the national interest, we must
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