Outgoing BoE Governor Discusses Risks of Negative Interest Rates, Climate Change February 13, 2020 By Jill Ward and Francine Lacqua Mark Carney said he’s lucky he never had to cut interest rates below zero as Bank of England governor because...
Most UK Insurers, Banks Unprepared for Risks of Climate Change January 31, 2020 By Alastair Marsh The Bank of England faces an uphill climb to get the finance industry ready for one of its biggest threats:...
Financial Services Industry Must Act Faster on Climate Change: Bank of England Chief December 30, 2019 Financial services have been too slow to cut investment in fossil fuels, a delay that could lead to a sharp...
Bank of England Enhances Scrutiny of Lloyd’s Whistleblower Systems December 23, 2019 The Bank of England has stepped up its monitoring of Lloyd’s of London’s whistleblowing systems, the central bank said on...
U.K. Names Bailey as Bank of England Chief, Succeeding Carney December 20, 2019 By David Goodman and Jessica Shankleman Andrew Bailey will be the next head of the Bank of England after the government chose to replace Mark Carney...
Independent Insurance Agent Group Rep Calling Attention to Climate Change Dangers December 19, 2019 By Don Jergler A representative for an independent insurance agent group in one state has penned an opinion column calling attention to the...
Many Major Central Banks, Minus U.S. Fed, Taking Action on Climate Change Risks September 24, 2019 By Jill Ward Bank of England Governor Mark Carney was in no mood for laughter as he stood in his tuxedo before the...
UK Regulator Asks Insurers to Weigh Possible Business Impact of Climate Change August 2, 2019 By Mathew Carr and Lisa Pham The Bank of England for the first time is asking British insurers to gauge how global warming might impact the...
Lloyd’s Must Demonstrate Progress in Tackling Sexual Harassment: Bank of England June 19, 2019 By Will Hadfield The Bank of England called for Lloyd’s of London to demonstrate progress in tackling the insurance market’s culture of sexual...
Bank of England Warns Against Weakening Rules for Insurers, Banks After Brexit May 17, 2019 By Huw Jones Weakening rules for banks and insurers after Brexit would be “anathema,” but Britain could change its style of regulating to...