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Consultation to modernise Lloyd's of London launched.
0 Comments | M2 Presswire, March, 2008
M2 PRESSWIRE-7 March 2008-UK Government: Consultation to modernise Lloyd's of London launched(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:07032008
Exchequer Secretary to the Treasury, Angela Eagle MP, today launched a consultation to modernise the governance arrangements of Lloyd's of London and to remove restrictions which impede the way the Lloyd's insurance market operates through a Legislative Reform Order (LRO).
The consultation is part of the Government's ongoing commitment to support City competitiveness, and follows the Government's promise last year to bring forward proposals in 2008.
Launching the consultation, Angela Eagle said:
"The reforms I am proposing today complement the reforms that Lloyd's itself has...
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