Some Insurers Suspend Sales of Car Policies After UK Watchdog Again Intervenes February 9, 2024 By Huw Jones Britain’s financial watchdog said on Friday several insurers have agreed to suspend sales of policies that cover the depreciation of...
What Would UK Labour Party’s Finance Sector Plan Mean for City of London? February 1, 2024 By Huw Jones Britain’s opposition Labour Party, tipped in the polls to win an election expected this year, set out its blueprint on...
Women in Finance Criticize City of London’s ‘Tokenistic’ Diversity Efforts January 18, 2024 By Olivia Konotey-Ahulu Testimonies from 40 women across banking, insurance, and asset management in Britain describe diversity and inclusion initiatives as often “tokenistic,”...
Shares in UK Insurers Tumble on Report of Regulator Comments on Premium Finance January 10, 2024 Shares in UK insurers fell on Wednesday, with traders pointing to an article in the Insurance Post that quoted the...
Britain’s Financial Conduct Authority Must Act Faster: National Auditor Report December 8, 2023 By Huw Jones Britain’s Financial Conduct Authority (FCA) can take too long to act and a sweeping post-Brexit internal revamp to make it...
Marsh & McLennan Finalizes Delisting From London Stock Exchange November 28, 2023 Marsh & McLennan Companies Inc. has delisted and canceled trading from the London Stock Exchange, further to its announcement made...
Marsh & McLennan Cos. Intends to Delist From London Stock Exchange October 30, 2023 Marsh & McLennan Companies Inc. gave notice of its intention to delist from the London Stock Exchange. Marsh & McLennan...
Crypto Firms Are Failing to Spell Out Risks to Consumers: UK Watchdog October 27, 2023 Britain’s financial watchdog said on Wednesday that firms marketing cryptoassets are failing to highlight risks properly to consumers, such as...
UK Financial Watchdog Says Some Funds Mislead Investors With ESG Label October 19, 2023 Britain’s financial watchdog said on Thursday it was having to “push back” against some investment funds that misleadingly attempt to...
UK Watchdog Fines Equifax $13.4M for Role in ‘One of Largest’ Cyber Breaches October 16, 2023 Britain’s financial watchdog said on Friday it had fined consumer credit rater Equifax Ltd. 11 million pounds ($13.4 million) for...