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...
Staff at UK Financial Conduct Authority Vote to Strike Over ‘Unacceptable’ Pay Reforms April 14, 2022 By William Shaw Staff at the UK Financial Conduct Authority have voted to go on strike for the first time in a dispute...
Bank of England Begins Developing Regulatory Framework for Cryptoassets March 24, 2022 By Huw Jones and David Milliken The Bank of England on Thursday began sketching out Britain’s first regulatory framework for cryptoassets, saying that although the sector...
Sanctions Against Russia ‘Manageable’ for UK Insurers, Banks: Regulator March 9, 2022 By Huw Jones Sanctions against Russia in response to its invasion of Ukraine are “manageable” for Britain’s insurers and wider financial sector, Bank...
IMF Warns Britain About Relaxing High Regulatory Standards for Insurers, Banks February 23, 2022 By Huw Jones A push to make London more attractive as a global financial center after Brexit must not threaten high standards of...