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Evening Standard
Evening Standard
Business
Henry Saker-Clark

Lloyd’s of London says former boss breached rules over ‘close’ relationship

The insurance market said the relationship ‘was sufficiently close… that it could be viewed as creating a perceived conflict of interest’ (Alamy/PA) -

Lloyd’s of London has ruled its former boss breached compliance rules after failing to disclose a “close” relationship with a female colleague.

The insurance market said the actions of John Neal, the former chief executive, “fell significantly below” its standards.

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