IUA welcomes PRA's 'small business' decision on FSCS
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IUA welcomes PRA's 'small business' decision on FSCS

The IUA argued the change would change the mutualisation of risk in the market.

By Stephanie Denton Abbie Day
May 21, 2024
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iua international underwriting association boardroom 2024.png

The International Underwriting Association (IUA) has welcomed the Prudential Regulation Authority's (PRA’s) decision not to change the definition of 'small business' in the Financial Services Compensation Scheme (FSCS).

The

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