Update: Britain Says Financial Reforms Will Be in Same ‘Orbit’ as EU, U.S. March 9, 2023 By Huw Jones Britain’s revamped financial market rules will largely be aligned with U.S. and European Union regulations to minimize disruption to global...
BOE’s Bailey Says UK’s Reforms of Insurance Capital Rules Increase Failure Risk by 20% March 7, 2023 By Tom Metcalf The governor of the Bank of England has told lawmakers that the UK government’s plans to reform insurance capital rules...
Britain Will Seek to Reset Relations Between City of London and EU March 2, 2023 By Huw Jones Britain will seek to reset relations between the City of London and the European Union on Thursday, saying it will...
Post-Brexit Insurance Reform Expected Before December: BoE’s Woods February 21, 2023 By Huw Jones The Bank of England sought on Monday to allay fears among insurers that it was dragging its feet over a...
UK Government Seeks to Speed Up Post-Brexit Insurance Reforms February 10, 2023 By Katherine Griffiths The UK government is in talks to speed the implementation of a flagship insurance reform to release £100 billion ($121...
UK Parliament Seeks Power to Scrutinize Financial Services Regulators January 25, 2023 By Katherine Griffiths Britain’s financial regulators would face more scrutiny over their policies for consumers and the economy from Parliament under proposals from...
UK Insurers Fear That Promised Brexit Capital Reforms Will Be Derailed January 23, 2023 By Katherine Griffiths Insurers loved the UK government’s long-awaited plans to free up billions of pounds of their capital. But after the celebrations...
UK Insurers, Banks Hope for Substantive Financial Services Reforms in 2023 December 22, 2022 By Katherine Griffiths After a jarring six months marked by sweeping policy promises, U-turns and four Chancellors of the Exchequer, UK financiers head...
UK’s Post-Brexit Financial Services Reforms Fall Short of Promised ‘Big Bang’ December 12, 2022 The UK set out a package of financial services reforms that cuts across dozens of areas but fell short of...
UK ‘Just Getting Started’ on Post-Brexit Boost to London’s Competitiveness: Minister December 1, 2022 By Huw Jones Britain is just at the beginning of post-Brexit efforts to keep London a top global financial center, but deregulation will...