Britain Aims to Bolster Competitiveness in Financial Services With Nimbler Regulation May 10, 2022 By Huw Jones Britain said on Tuesday it will require its regulators to help the City of London remain a globally competitive financial...
Britain Proposes Post-Brexit Relaxation of Solvency II Capital Rules for Insurers April 28, 2022 By Huw Jones Britain launched public consultation on Thursday for a post-Brexit relaxation of capital rules for insurers, in a step the government...
Britain to Write Rules Forcing Companies to Publish Plans for Net Zero Transition April 25, 2022 By Huw Jones Britain unveiled a new taskforce on Monday to write rules forcing financial firms and listed companies to publish plans from...
New Global Standard Setter for Corporate Sustainability Drafts 1st Guidelines April 5, 2022 By Huw Jones A new global standard setter for company sustainability reporting set out its first draft guidelines on Thursday [March 31], entering...
Bank of England Begins Developing Regulatory Framework for Cryptoassets March 24, 2022 By Huw Jones and David Milliken The Bank of England on Thursday began sketching out Britain’s first regulatory framework for cryptoassets, saying that although the sector...
Sanctions Against Russia ‘Manageable’ for UK Insurers, Banks: Regulator March 9, 2022 By Huw Jones Sanctions against Russia in response to its invasion of Ukraine are “manageable” for Britain’s insurers and wider financial sector, Bank...
IMF Warns Britain About Relaxing High Regulatory Standards for Insurers, Banks February 23, 2022 By Huw Jones A push to make London more attractive as a global financial center after Brexit must not threaten high standards of...
UK to Ease Solvency II Insurance Capital Rules to Unlock ‘Billions of Pounds’ February 22, 2022 By Huw Jones Britain will unlock “tens of billions of pounds” of insurance sector capital that should boost the economy through infrastructure investment,...
Crypto Market Risks Should Be Priority for Global Regulators: Financial Stability Board February 16, 2022 By Huw Jones and Tom Wilson Risks from the $2.6 trillion crypto market could grow quickly and regulators need pre-prepared measures to bring the sector to...
Banks Warned to Prepare for Possible Russian-Sponsored Cyber Attack February 9, 2022 By John O'Donnell and Huw Jones FRANKFURT/LONDON – The European Central Bank is preparing banks for a possible Russian-sponsored cyber attack as tensions with Ukraine mount,...