Capital Rules Eased for UK Banks, Insurers in Wake of Brexit Vote July 5, 2016 By Scott Hamilton, Jill Ward and Paul Gordon Mark Carney pledged to shore up financial stability as he warned that the risks from Britain’s shock decision to leave...
Large British Insurers Get Major Exemption from Proposed EU Audit Rules November 20, 2015 By Huw Jones Britain’s biggest insurers will be exempt from having their most important indicator of financial health externally audited under proposals issued...
UK Insurers & Banks Must Appoint Whistleblower ‘Champion’ in UK Rules October 7, 2015 By Suzi Ring UK banks and insurers must appoint a senior manager to “champion” internal whistleblowers as regulators attempt to protect tipsters who...
UK Regulator Toughens Rules to Hold Insurers’ Execs Responsible for Failures August 13, 2015 By John Glover UK insurers face tougher conduct rules as the Financial Conduct Authority makes it easier to hold individuals at financial firms...
Hiscox CEO Supports Industry-Wide Stress Test for 9/11-Scale Event July 27, 2015 By Ben Stupples UK regulators need to widen stress tests for insurers to show how the whole industry, including themselves, would respond to...
UK Insurers to Stress Test Capital Reserves Against Synchronized Terrorist Attack July 10, 2015 By Sarah Jones UK regulators have asked property and casualty insurers to stress test their capital reserves against catastrophes, including a synchronized terrorist...
New UK Financial Watchdogs Face Surge in Staff Turnover: Reuters November 12, 2013 By Steve Slater Staff have been quitting Britain’s financial watchdogs at nearly twice the rate since they were split into two bodies this...