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As Lloyd's works towards sustainable underwriting, managing agents need to set up their own frameworks to support it.
HM Treasury published its final consultation paper for the Future Regulatory Framework (FRF) Review on 9 November 2021.
Earlier this year, the FCA published its final guidance on the fair treatment of vulnerable customers.
In the UK, the joint regulator and government task force on climate-related financial disclosures (TCFD) published the roadmap towards mandatory climate-related disclosures.
As firms have adapted to the circumstances of lockdown almost overnight, there's been an inevitable increase in operational risk.