LMA - Regulatory Committee

My Account

Regulatory Committee

The role of the Regulatory Committee (RegCom) is to serve as the LMA Board’s strategic voice on regulatory and compliance matters, ensuring that the evolving regulatory landscape is navigated with clarity, expertise and foresight. Comprising of senior compliance leaders from member firms, RegCom provides valuable insights and feedback to the Board, LMA members and Lloyd’s.

The committee’s work is powered by three specialist workstreams:

Conduct Workstream: Meets monthly with Lloyd’s Conduct Assurance and Complaints teams, and quarterly with the FCA’s Lloyd’s and London Market Supervision team.
Prudential Workstream: Holds quarterly engagements with the PRA’s Lloyd’s supervisory team.
International Regulatory Workstream: Maintains a monthly dialogue with Lloyd’s International Regulatory Affairs team.

Through these active channels, RegCom ensures LMA members remain informed, represented and resilient in a complex regulatory environment.

Terms of Reference

Committees » Regulatory

Scroll to view all committees

Committee

View all

John Levett

Head of Regulatory Affairs

Committee secretary

James Staab

Co-Chair

Alison Thompson

Co-Chair

Key issues covered

Regulatory Compliance and Oversight

Monitoring and addressing issues arising from UK and overseas financial services regulators (FCA, PRA etc.) that affect Lloyd’s members.

Regulatory Engagement and Advocacy

Engaging proactively with UK regulators to influence the development and implementation of regulatory policy relevant to managing and members’ agents.

Practitioner Feedback

Providing feedback from market practitioners to regulators and other external bodies on existing or proposed regulatory changes.

Proportional and Cost-Effective Regulation

Ensuring that regulatory approaches within the Lloyd’s market are pragmatic, proportionate and not unduly burdensome or costly.

Collaboration with Lloyd’s Corporation (Franchisor)

Working jointly with the Lloyd’s Franchisor on regulatory and compliance matters, including the application of Lloyd’s Principles, Standards and Guidance.

Information Sharing and Member Communication

Keeping members informed about regulatory developments via presentations, newsletters and training sessions.

Avoiding Regulatory Duplication

Reviewing the activities of both Lloyd’s and UK regulators to minimise overlapping or redundant regulatory requirements for members.

Committee insights

Replay – Emerging Litigation Forum

Binding Authority Complaints Endorsements: 2027 Updates

Quantum Cyber Risk Conference: Presentation Slides

Upcoming events

For events hosted online, joining instructions will be emailed to all registered attendees closer to the date of the event no later than 24 hours prior to commencement.

View more events

Beyond the Headlines: Claims Insights on Political Risk & Political Violence 2026

Against a backdrop of increasing geopolitical uncertainty, this event will bring together claims professionals, underwriters, legal experts and industry specialists to explore the evolving challenges and opportunities facing the political risk and political violence markets.

Compliance Officers’ Group Meeting

The LMA invites members of the London market regulatory and compliance community to the third of our quarterly Compliance Officers' Group Meetings.

9/11: Twenty-Five Years of Terrorism Risk Evolution – Lessons for the Next Generation of Underwriters

Twenty-five years after 9/11, the Terrorism & Political Violence Committee will reflect on how terrorism and political violence underwriting has evolved, the lessons learned and the emerging risks that could shape the market’s next chapter.