The government must act fast to make the most of Brexit deregulation

Victoria Hewson comments for the Daily Express

Victoria Hewson, IEA Head of Regulatory Affairs, has commented on this week’s ‘Benefits of Brexit’ policy document, focussing particularly on a promised review into Solvency 2, EU regulation which currently limits the amount of money insurance companies are able to invest.

Victoria remarked that the review was “leading in the right direction”, but that the UK must act fast in order to steam ahead of the EU, who are conducting their own review into Solvency 2.

“It looks as if actually even the EU is outpacing us on that so I’m not sure what that’s going to do for our competitiveness if even the European Commission can do more effective financial regulation reform.”

Read the full article here.