Britain’s Financial Regulator Opens Investigation Into Greensill Collapse May 11, 2021 By Huw Jones Britain’s Financial Conduct Authority said on Tuesday it was formally investigating the UK operations of collapsed supply chain finance company...
Initial Reactions to UK Supreme Court’s Ruling on Business Interruption Claims January 15, 2021 By L.S. Howard Insurers, policyholders and industry observers have issued comments on the UK Supreme Court’s ruling that insurers should pay small businesses...
UK Supreme Court Rules Businesses Should Be Insured for COVID-19 Claims January 15, 2021 By Kirstin Ridley and Carolyn Cohn Small businesses, from restaurants to nightclubs and wedding planners to beauty parlors, on Friday won the right to insurance payouts...
UK Supreme Court to Provide Judgment on Business Interruption Appeal on Jan. 15 January 12, 2021 The UK Supreme Court will on Friday hand down a judgment in a test case pitting the country’s markets regulator...
COVID-19 Pressures Threaten About 4,000 Small UK Financial Firms January 7, 2021 By Silla Brush Britain’s market watchdog warned about 4,000 small financial firms are at greater risk of failure from the coronavirus as the...
Judgment in UK COVID Business Interruption Appeal Will Be Handed Down in January December 18, 2020 By Carolyn Cohn LONDON – There will be no judgment in an appeal over business interruption insurance this year, Britain’s markets watchdog said...
Insurers Using Counter-Intuitive Arguments to Escape COVID Liabilities: UK Regulator November 18, 2020 By Kirstin Ridley and Carolyn Cohn Insurers are trying to escape liability for pandemic-related business losses with counter-intuitive arguments that go against the essential purpose of...
Insurers Tell UK Supreme Court They Cannot Provide Unlimited Cover During Pandemic November 16, 2020 By Carolyn Cohn and Kirstin Ridley Major insurance companies told the UK Supreme Court on Monday that thousands of small companies battered by the coronavirus pandemic...
London Stock Market to Require Climate Disclosures for Listed Companies November 10, 2020 By Huw Jones Companies listed on the London Stock Exchange will have to improve disclosures on the risks they are facing from climate...
UK Supreme Court to Hear Appeal of COVID Business Interruption Test Case on Nov. 16 November 3, 2020 The UK Supreme Court will hear an appeal on Nov. 16 of the Financial Conduct Authority’s (FCA) test case over...