UK Company Directors Could Become Personally Liable for Financial Statements February 8, 2021 By Huw Jones LONDON – Company directors would become personally liable for the accuracy of their financial statements under landmark proposals from Britain’s...
UK Must Avoid Being a ‘Mere Taker’ of EU Financial Services Rules in Return for Access January 8, 2021 By Andy Bruce and Huw Jones Britain should not submit to the European Union’s financial services rules just to get better access to the bloc’s market...
Solvency II Capital Rules for Insurers Need Changing: EU Watchdog December 17, 2020 By Huw Jones The European Union’s capital rules for insurers need changing to reflect low interest rates and provide stronger intervention powers like...
EU Tells London Banks, Insurers to Get Used to Limited Access December 8, 2020 By Huw Jones Britain’s huge financial sector will never again have the same access to the European Union as it did when the...
Lawmakers Aim to Ensure UK Financial Services Stay Competitive Globally After Brexit November 20, 2020 By Huw Jones Britain’s lawmakers launched an inquiry on Friday aimed at ensuring its financial services remain globally competitive after the country’s full...
EU Still Seeking Clarity Over Britain’s Financial Services, Insurance Rules November 10, 2020 By Huw Jones The European Commission is still waiting for Britain to say if it will diverge from European Union rules before Brussels...
London Stock Market to Require Climate Disclosures for Listed Companies November 10, 2020 By Huw Jones Companies listed on the London Stock Exchange will have to improve disclosures on the risks they are facing from climate...
More Firms Need to Disclose Potential Financial Hit from Climate Change: Regulator October 29, 2020 By Huw Jones Too few companies specify their prospective financial hit from climate change under a voluntary global disclosure code that needs wider...
London Must Clarify How Far It Will Diverge from EU Financial Rules: EU Official October 28, 2020 By Huw Jones Britain must spell out how far it wants to diverge from European Union rules if it wants access to the...
Bank of England to Require Company Disclosures on Climate Risks October 19, 2020 By Huw Jones Current rules on company disclosures to help markets price in risks from climate change will become mandatory, a senior Bank...