HM Treasury written question – answered on 16th November 2017.
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To ask Mr Chancellor of the Exchequer, what the timetable is for the Prudential Regulation Authority to issue guidance for insurance firms headquartered in the EEA on the criteria for authorisations for third party branches and subsidiaries in the UK after the UK leaves the EU.
Authorisation of insurers is a matter for the Prudential Regulation Authority, which is independent of government. This is a matter for the Bank of England.
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