
News
New name and bank status for PSIS
Wednesday 26th of October 2011
PSIS chairman Sir David Gascoigne said the change was driven largely by two factors; clarifying its position in the market and a preference for the banking regulatory regime.
"We looked at the regulatory regime, we looked at our size and our asset base and the fact we've now got a credit rating that allows us to become a bank and we decided that we prefer the regime surrounding banks rat...
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