London’s Financial Center Struggles to Find Its Way in Post-Brexit Britain July 25, 2022 By Swetha Gopinath and Katherine Griffiths London is in danger of becoming a mere “regional stock market” down the line unless it significantly raises its game...
Analysis: Britain’s Proposed Post-Brexit Financial Services Law Underwhelms Industry July 21, 2022 By Huw Jones and Sinead Cruise Britain’s reform of post-Brexit financial services is more about catching up with rivals than unleashing a “Big Bang 2.0” as...
Britain Initiates Post-Brexit ‘Transformation’ of Financial Services July 20, 2022 By Huw Jones British financial regulators will have to promote the global competitiveness of the country’s financial sector, though a plan for more...
New UK Finance Minister Targets Flexibility of Post-Brexit Financial Regs, Solvency II July 19, 2022 By David Milliken Britain’s government must focus on sound public finances and avoid further fueling inflation by pumping up demand, new finance minister...
UK Regulator May Lack Bandwidth to Push Post-Brexit Competitiveness: Policymaker July 19, 2022 The Bank of England may not have enough resources to implement an extra objective of maintaining Britain as a competitive...
Insurers Must Be Better Prepared for Impact of Climate Change: BoE June 8, 2022 By Carolyn Cohn and Huw Jones Insurers need to plug data gaps to be better prepared for the impact of climate change on their operations and...
Insurers, Banks Must Take Climate Action or Face Profit Hit, Higher Capital Charges: BOE May 24, 2022 By Huw Jones and Andy Bruce LONDON – Banks and insurers that fail to manage climate risks as a “first-order” issue could face a 10% to...
Central Banks, Supervisors Must Focus on Financial Resilience to Climate Change: BoE May 3, 2022 The rise in demand for coal following Russia’s invasion of Ukraine is a setback to reaching a net-zero economy by...
Dutch Bank ABN Amro Apologizes for Historical Role in Slave Trade April 14, 2022 ABN Amro apologized on Wednesday for the pain and suffering caused by the involvement of the Dutch bank’s legal predecessors...
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...