Capital Rules Eased for UK Banks, Insurers in Wake of Brexit Vote July 5, 2016 By Scott Hamilton, Jill Ward and Paul Gordon Mark Carney pledged to shore up financial stability as he warned that the risks from Britain’s shock decision to leave...
US and UK to Hold Joint Exercise to Test Cyber Security of Global Financial Firms November 2, 2015 By Scott Hamilton The US and British governments will hold a joint exercise to test cyber security and information sharing arrangements involving global...
Bank of England Governor: Insurers Face Huge Exposure to Climate Change Risks September 30, 2015 By Scott Hamilton Bank of England Governor Mark Carney said UK insurers face potentially “huge” exposure to shifts in climate-change policy and Group...
UK Insurance & Finance Bonuses Well Below Pre-Recession Levels: Report August 26, 2015 By Scott Hamilton UK bonus payments rose in the past year and are now just 0.1 percent below their peak before the financial...
UK Anti-Terrorism Proposal Would Clarify Insurance Law on Ransom Payments November 24, 2014 By Scott Hamilton and Svenja O'Donnell The U.K. government will introduce anti-terrorism legislation this week requiring internet companies to provide user data to authorities. The bill,...