Artificial Intelligence Poses Risks to Insurers, Banks, Warns Global Regulator November 1, 2017 By Huw Jones Replacing bank and insurance workers with machines risks creating a dependency on outside technology companies beyond the reach of regulators,...
Bank of England Governor Warns Investors Failing to Consider Climate Risks June 30, 2017 By Jessica Shankleman and Francine Lacqua Bank of England Governor Mark Carney said he’s concerned investors aren’t doing enough to assess threats that global warming will...
Undoing U.S. Financial Regulations Could Bar U.S. Firms from EU February 10, 2017 By Huw Jones Some U.S. financial institutions could be locked out of the European market if Donald Trump’s administration repeals global rules imposed...
G20 Task Force to Ask Firms to Disclose How They Manage Climate Risks December 14, 2016 By Nina Chestney A global task force set up to try to prevent market shocks from the warming of the planet will ask...
Global Board Updates List of Systemically Important Banks, Insurers November 21, 2016 By Huw Jones Citi has joined JPMorgan at the top of global regulators’ list of systemically important banks, replacing HSBC and meaning the...
Simplifying Derivatives Rules Will Help Regulators Spot Systemic Risks: Industry April 13, 2016 By Huw Jones Regulators won’t get a clear picture of risks in the $550 trillion derivatives market until they prune trade reporting rules,...
Some European Insurers, Pension Funds Build Loan Books to Rival Banks May 27, 2015 By Simon Jessop and Sinead Cruise Australian Symon Drake-Brockman is on the front line of a revolution in European finance. The former head of global debt...
Global Regulators Set Capital Rules for 9 Too-Big-to-Fail Insurers October 23, 2014 By Maud van Gaal Nine too-big-to-fail insurers, including American International Group Inc., Allianz SE and MetLife Inc., must start reporting capital ratios next year...
G20 Regulator Toughens Rules for Non-Bank Financing October 14, 2014 By Huw Jones Global regulators are making it more expensive for hedge funds and insurance companies to raise money from loaning shares in...
Global Insurance Organization’s G-20 Delegates Stress Social, Economic Role March 21, 2014 In a series of meetings this week with the Australian G-20 Presidency, the Global Federation of Insurance Associations (GFIA) has...