Lloyd’s of London Trade Body Examines Planned Conduct Overhaul December 16, 2024 Lloyd’s of London members have set up a working party to examine the commercial insurance market’s plans to overhaul its...
FCA Says Ex-Barclays CEO Staley Misled it Over Epstein Contacts During Probe November 19, 2024 Ex-Barclays CEO Jes Staley gave misleading answers to Britain’s Financial Conduct Authority about his dealings with Jeffrey Epstein when it...
Police Summon Aviva India CEO in Discrimination Case, Company Denies Allegations October 30, 2024 By Arpan Chaturvedi and Aditya Kalra Indian police have summoned Asit Rath, the chief executive of British insurer Aviva in the country, as part of an...
Harassment Claims Soar at City Firms in Wake of Odey Scandal October 25, 2024 By Jonathan Browning City firms reported a 72% surge in non-financial misconduct complaints over the last three years following a string of high-profile...
Lloyd’s of London Plans to Overhaul ‘Unclear’ Rules on Dealing With Poor Conduct September 12, 2024 Lloyd’s of London said on Thursday it plans to overhaul its rules on dealing with poor conduct in the commercial...
Aviva Says India Unit ‘Engaging’ With Authorities Over Tax Investigation September 4, 2024 By Aditya Kalra British insurer Aviva said on Saturday its India unit is “actively engaging” with local authorities in connection with alleged tax...
UK’s Aviva Conspired to Dodge India Compensation and Tax Rules, Agency Says August 30, 2024 By Aditya Kalra and Nikunj Ohri An Indian tax agency has found that British insurer Aviva breached local regulations capping commissions to sales agents with a...
Banks, Insurers Ordered to Report Sexism and Bullying Cases in Britain February 15, 2024 By Kirstin Ridley and Carolyn Cohn Britain’s markets watchdog has ordered more than 1,000 banks, insurers and brokerages to report how many sexual harassment, discrimination and...
UK Watchdog Proposes Toughening Safeguards Against Illegal Marketing on Social Media July 18, 2023 Britain’s financial watchdog on Monday proposed toughening up safeguards against the illegal marketing of financial products on social media by...
EU Sets Out Plans to Cut Price of Financial Products Offered by Banks, Insurers May 24, 2023 By Huw Jones The European Union set out plans on Wednesday to cut how much retail investors pay banks and insurers for financial...