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S&P brands US credit legislation plans

Standard & Poor’s has attacked proposed legislation in the US Congress to open the credit rating industry in the US to greater competition as being ‘unconstitutional’.

Speaking before the House Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises, Rita Bolger, S&P's managing director and associate general counsel said, that legislation in

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Graeme Reynolds, director of competition and interim director of insurance at the Financial Conduct Authority, takes centre stage in the latest Insurance Post Podcast, setting out the regulator’s key priorities for the market.

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