Investment funds and other non-bank financial institutions face their first “stress test” next year to apply lessons from the near-meltdown in Britain’s pension fund sector, the Bank of England (BoE) said on Tuesday. The BoE had to step in from …
France’s financial regulator will subject banks and insurers to climate change stress tests next year, central bank governor Francois Villeroy de Galhau said on Friday. Investors are increasingly putting pressure on companies to make concrete steps to helping implement the …
The Bank of England said on Friday that it would apply new European Union insurance regulations “proportionately,” following industry fears that the central bank might seek to add extra rules for companies based in Britain. The so-called Solvency II rules, …
