UK Markets Watchdog Cracks Down on Conduct of Financial Advisers January 22, 2020 By Huw Jones Britain’s markets watchdog told financial advisers on Tuesday they face a two-year crackdown to stop unsuitable advice, investment scams and...
British Regulator Warns Insurance Industry to Stamp Out Bad Behavior – or Else January 8, 2020 Britain’s markets watchdog has told the bosses of commercial insurance companies to stamp out bad behavior in the industry and...
British Watchdog FCA Probes Data Sharing in Financial Services December 17, 2019 By Huw Jones Britain’s Financial Conduct Authority (FCA) is investigating whether sharing data with outside competitors could be extended beyond banks to savings,...
U.K. Personal Lines Insurers May Face Curbs on Price Hikes Slapped on Renewal Policies October 7, 2019 By Will Hadfield U.K. home and car insurers could be stopped from jacking up prices when customers’ policies come up for renewal as...
UK Markets Regulator Warns of Dangers of Unregulated Cryptocurrencies August 1, 2019 By Huw Jones and Tom Wilson Britain’s markets watchdog said on Wednesday that bitcoin and other cryptocurrencies have no intrinsic value and offer consumers few protections,...
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...
Britain’s Financial Regulator to Review Its Rules for Post-Brexit Landscape April 17, 2019 Britain’s markets watchdog will review its rules as the country readies to leave the European Union, the source of its...
UK Insurers, Banks to Get Regulatory Transition Period in Event of Hard Brexit March 1, 2019 By Huw Jones British regulators will give banks, asset managers, insurers and brokers until mid-2020 to fully comply with rules that replace European...
UK Financial Markets at Risk of Disruption with Hard Brexit: Regulator February 28, 2019 By Huw Jones Financial markets are still at risk of disruption if there is a no-deal Brexit, Britain’s Financial Conduct Authority said on...