Artificial Intelligence Poses Risks to Insurers, Banks, Warns Global Regulator November 1, 2017 By Huw Jones Replacing bank and insurance workers with machines risks creating a dependency on outside technology companies beyond the reach of regulators,...
UK Regulators Eye Post-Brexit ‘Interim’ Status for EU-Based Financial Firms October 2, 2017 By Huw Jones Britain’s regulators could grant interim permission for European Union investment and trading firms to continue operating in the UK after...
EU Regulator Warns UK Insurers to Avoid ‘Fronting’ in Post-Brexit EU HQs September 28, 2017 By Huw Jones and Carolyn Cohn London-based insurers applying for licenses to operate in the European Union after Brexit will be scrutinized for any attempts to...
Lacking Political Support, Global Capital Rule for Insurers Stalls September 11, 2017 By Huw Jones The first global standard for investors to compare how much capital insurers from different countries hold to keep policies safe...
UK Insurers Face Looming Brexit Deadline to Move Contracts with EU Clients August 30, 2017 By Huw Jones and Carolyn Cohn Insurers in Britain face crunchtime within weeks if the government and the European Union do not allow millions of cross-border...
Schwarzenegger to Raise Awareness of UK’s Payment Protection Insurance Scandal August 29, 2017 By Lawrence White and Huw Jones The animatronic head of actor and former California Governor Arnold Schwarzenegger mounted on tank tracks urges consumers to “make a...
UK Financial Services Sector Seeking ‘Ambitious’ Brexit Trade Agreement August 24, 2017 By Huw Jones and Andrew MacAskill The UK’s financial sector is seeking an “ambitious” trade pact between Britain and the European Union to try to prevent...
Post-Brexit Implementation Period ‘Desirable’ for UK, EU Firms: Bank of England August 9, 2017 By Huw Jones The Bank of England said a transition period after the Britain leaves the European Union would give banks more time...
Brexit Transition Period Crucial to Protect London as Financial Center: UK Lawmaker August 2, 2017 By Huw Jones Transitional arrangements after leaving the European Union in 2019 will be crucial for protecting the economy and the City of...
Brexit Should Preserve Free Trade for Financial Services: FCA’s Bailey July 7, 2017 By Huw Jones Finance firms should not be forced by regulators to change location after Britain leaves the European Union in 2019, Andrew...