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Biba asks Chancellor to consider the FSCS funding model

Biba chief executive Eric Galbraith

The British Insurance Brokers’ Association has urged George Osborne to “ensure appropriate and proportionate” regulation for brokers and to consider the Financial Services Compensation Scheme funding model for his Autumn Statement submission.

Eric Galbraith, Biba chief executive, pictured, has written to the Chancellor highlighting concerns that the Financial Services Bill does not protect the UK's competitive position or makes any

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