Britain Shouldn’t Blindly Adopt EU Rules Just to Keep Business in London: BoE’s Brazier March 30, 2021 By Rachel Armstrong and Huw Jones LONDON – Britain should not be “short-sighted” and copy European Union rules just to keep financial activity in London, Bank...
UK Insurers Not Likely to See Cuts in Capital Requirements After Brexit: Bank of England February 10, 2021 By Huw Jones The Bank of England told insurers on Wednesday not to expect any big reduction in capital requirements after Brexit, adding...
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...