UK Regulators Urged to Help Keep London Competitive, Using New Post-Brexit Remit June 30, 2023 By Huw Jones Britain’s regulators must push ahead with applying their new post-Brexit remit to help keep the country’s financial sector globally competitive,...
London’s Excel Centre Wins Insurance Ruling on COVID-19 Biz Interruption Losses June 19, 2023 The owners of London’s ExCel conference center on Friday won a court ruling against insurers, including Royal & Sun Alliance,...
UK Watchdog Aims to Improve Whistleblower Procedures After Backlash May 5, 2023 By Leonard Kehnscherper Britain’s markets watchdog is aiming to improve its procedures for finance workers who report on suspected wrongdoing after finding that...
UK’s FCA Hires More Than 150 Staff for Data Unit to Ramp Up Tech Capabilities April 11, 2023 The UK’s Financial Conduct Authority hired more than 150 people into its Data, Technology and Innovation division in the past...
UK Builders Face Ban Unless They Commit to Repairing Unsafe Cladding March 15, 2023 By Marion Dakers Eleven property developers could be barred from the industry unless they sign a UK government contract to repair unsafe cladding...
UK’s Largest Companies Fail to Comply With FCA’s New Gender-Diversity Quotas March 10, 2023 By Irina Anghel Seven of the UK’s 10 largest listed companies have failed to comply with the FCA’s new gender-diversity quotas, a reminder...
FTX Collapse Shows Need to Regulate Crypto World: Bank of England November 21, 2022 By Marc Jones and Huw Jones The implosion of cryptocurrency exchange FTX shows the need to bring the crypto world within the regulatory framework, Bank of...
Bank of England and City of London Square Off Over Financial Services’ Reforms October 19, 2022 By Huw Jones A plan to give the British government power to override watchogs would raise “serious concerns” about the ability of regulators...
UK Insurers, Banks Told to Do More to Help Customers Struggling With Cost of Living September 29, 2022 By Huw Jones Britain’s Financial Conduct Authority (FCA) told banks and insurers on Thursday to do more to help customers struggling with a...
Bank of England Won’t Take ‘Risky Bets’ to Boost City of London’s Competitiveness September 27, 2022 By Huw Jones The Bank of England’s new objective of helping the financial sector remain globally competitive should not encourage risky bets on...