Britain Proposes Reforms for Insuring Apartment Blocks After Deadly Grenfell Tower Fire September 21, 2022 Britain’s financial watchdog has proposed reforming how apartment blocks are insured after the deaths of 72 people in the Grenfell...
London’s Financial Services Firms See Potential in Liz Truss’ ‘Radical’ Policies September 1, 2022 By Katherine Griffiths After an international career in finance, a rapid political rise and high profile as chancellor of the exchequer during the...
Front Runner to Be Next UK PM Wants to Review Financial Watchdogs’ Roles: Source August 18, 2022 By Elizabeth Piper and Huw Jones Liz Truss, the front-runner to become Britain’s next prime minister, wants to examine the roles of the country’s three financial...
UK Insurers, Banks Risk Fines Under New Reforms Unless They Put Customers First July 27, 2022 By William Shaw Financial firms may be fined and stripped of their regulatory authorization unless they put their customers’ needs first under far-reaching...
UK Regulator Pushes Insurers to Cut Premiums for Fire-Risk Apartments July 19, 2022 By Katherine Griffiths and Jack Sidders Thousands of people living in high-rise apartments in Britain are set to get better deals on their property insurance following...
Nearly Half of UK Black Professionals Plan to Leave Their Jobs July 18, 2022 By Olivia Konotey-Ahulu Almost half of Black employees are planning to leave their jobs in the near future, resenting the lack of fairness...
Hong Kong Securities Chief Alder Named Chair of Financial Conduct Authority July 13, 2022 The UK Treasury has announced the appointment of Ashley Alder as the new chair of the Financial Conduct Authority (FCA)....
Financial Conduct Authority Fines JLT Specialty £7.8 million June 23, 2022 The Financial Conduct Authority (FCA) has levied a fine of £7,881,700 against insurance broker JLT Specialty Ltd. for financial crime...
UK Seizes Funds Linked to $150M Fraud From Fintech Firm QPay April 22, 2022 By Jonathan Browning The UK seized 2 million pounds ($2.61 million) from a London-based fintech firm, saying that the funds were linked to...
UK Regulator Sets Diversity Targets for Top Executives, Boards April 20, 2022 By Katherine Griffiths The Financial Conduct Authority has set UK-listed companies three diversity targets, including a goal for at least 40% women on...