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...
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...
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...
Bank of England Sees Few Threats to Financial Stability from Brexit October 9, 2020 By Huw Jones and David Milliken Britain’s full exit from the European Union could be bumpy for investors as banks staff new hubs in the bloc,...
UN Envoy Carney Backs Investors’ Call for Increased Climate Risk Disclosure September 28, 2020 By Simon Jessop United Nations climate envoy Mark Carney on Thursday threw his weight behind a growing push by investors for companies to...
Bank of England Warns Private Insurers Need Government to Help Narrow Protection Gap September 23, 2020 By Benjamin Robertson and Lucca de Paoli The Bank of England has encouraged the government to work with UK insurers in preparation for future major shocks, rather...
Biggest Uncertainty for UK Insurers Remains Around Business Interruption Claims: BoE July 9, 2020 By Carolyn Cohn and Huw Jones The biggest uncertainty now facing insurers is whether they will have to pay for a raft of business interruption claims,...
Congressional Action Plan on Climate Change Applauded by Zurich, IBHS July 2, 2020 By Don Jergler A Congressional action plan for a clean energy economy is garnering a bit of praise from a few important names...
UK Insurers, Banks Must Be Ready to Manage Climate Risks by End of 2021: BoE July 1, 2020 By Huw Jones Banks and insurers in Britain must implement by the end of 2021 plans they have drawn up to deal with...
UK Insurers, Banks Are Weathering Effects on Capital of COVID-19 Crisis: BoE’s Woods April 16, 2020 By Huw Jones and David Milliken Britain’s banks have enough funds to keep lending to the economy even under the deep recession scenario outlined by a...