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FSA boss assuages fears over insurance regulation

FSA chief executive Hector Sants

Financial Services Authority chief executive Hector Sants has assured the UK insurance market the new regulatory landscape will see insurance retain a separate identity from the banking sector.

Mr Sants, speaking at a Lloyd's lecture on the future of regulation, said fears of insurance firms being lumped in with banks under the new regime would not be realised: "It is crucial we remind

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