PCI Concerned about FSBs Peer Review Report
A new request for peer reviews from the global regulatory body groups insurers and banks together.
INN Breaking News, August 30, 2013
The Property Casualty Insurance Association of America (PCI) released a statement expressing concern over a recent charter released by the Financial Stability Board (FSB), which lays the groundwork for peer review of U.S. financial regulations. PCI claims that the system will result in insurance organizations being treated like banks.
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