The Guernsey International Insurance Association (GIIA) has said it welcomes HM Treasury’s captive consultation response, in which Rachel Reeves MP gave a long discussed potential UK captive regime the green light.
Last Tuesday, Chancellor Rachel Reeves instructed the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) to design and implement a bespoke regulatory regime for captives.
Subscribe to Ci Premium to continue reading
Captive Intelligence provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in the captive insurance market.
