M
Member
Speaking in the House of Lords on 23 July 2025
Debate
Financial Services ReformContribution
Fourthly, we are seizing opportunities in key areas of UK leadership, from speciality insurance and asset management to sustainable finance. Our insurance sector has been world-leading for centuries, and we are committed to staying at the front of the pack by creating a new captive insurance framework and holding an industry showcase event later this year to sell the sector globally. We are also future-proofing the regulatory regime for our asset management sector, which is the second largest in the world, and we will publish draft legislation on that early next year.
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