Lloyd's managing agents are also dual-regulated by the FCA and the PRA. Members' agents and Lloyd's brokers are regulated by the FCA.

The FCA, the PRA and Lloyd's have common objectives in ensuring that the Lloyd's market is appropriately regulated. To minimise duplication, there are arrangements with Lloyd's for co-operation on supervision and enforcement.

Co-operation agreement with the FCA

Co-operation agreement with the PRA

 

For more information on regulation at Lloyd's contact:
Twewah Marfo
Head of Compliance
Tel: +44 (0)20 7327 6004