SRA ISSUES GUIDANCE TO FIRMS INSURED WITH BALVA

The SRA has issued guidance to firms following unrated Latvian Insurer Balva having restrictions placed on its business by regulators. You can access the guidance here: http://www.sra.org.uk/sra/news/press/SRA-reassures-firms-using-Balva-Insurance.page. Approximately 1,300 firms were insured through Bavla. A total of 16% of firms were insured with unrated Insurers for 2012/2013.