UK Lawmaker Lucy Rigby Appointed City Minister in Charge of Financial Services July 22, 2026 New Prime Minister Andy Burnham appointed Lucy Rigby as Britain’s City Minister on Tuesday, putting her in charge of overseeing...
UK Financial Services Firms Sharpen Staff Scrutiny as New Misconduct Regime Looms July 20, 2026 By Kirstin Ridley and Phoebe Seers Financial firms in Britain are sharpening their focus on employee conduct, with some weeding out staff suspected of misconduct such...
UK Steps Closer to Creating ‘Internationally Competitive’ Captive Market July 15, 2026 By L.S. Howard The UK has lagged behind many of its insurance market competitors in that it does not have a not have...
UK Sets Out Rules to Create Captive Insurance Regime July 15, 2026 By Leonard Kehnscherper The UK has proposed rules to help encourage a potential new insurance market worth billions of pounds as part of...
UK to Directly Regulate Cloud Service Providers to Protect Stability of Financial Sector July 13, 2026 Britain has designated cloud service providers Microsoft, Google, Amazon and Oracle as critical third-party suppliers to its financial sector, bringing...
Britain Needs ‘AI Stress Tests’ for Financial Services, Lawmakers Say January 20, 2026 By Phoebe Seers Britain’s financial watchdogs are not doing enough to stop AI from harming consumers or destabilizing markets, a group of lawmakers...
UK Should Go for Bolder Revamp of Rules in Financial Services Sector, Lady Mayor Says December 8, 2025 By Leonard Kehnscherper and Francine Lacqua The UK should get bolder with overhauling rules to encourage more risk-taking in the financial services sector, according to the...
Hedge Funds Get Jittery on Prospect of UK’s Noncompete Ban December 4, 2025 By James Booth and Liza Tetley The UK is reviving a plan to make it easier for employees to switch jobs, putting financial firms on edge,...
UK’s Reeves to Meet Insurance CEOs in Pre-Budget Growth Pitch November 5, 2025 By Joe Mayes UK Chancellor of the Exchequer Rachel Reeves will meet CEOs from top insurers in Downing Street on Wednesday, as she...
Bank of England’s Bailey Says AI Can Help Regulators to Find the ‘Smoking Gun’ September 23, 2025 Bank of England Governor Andrew Bailey said on Monday that he and other regulators who oversee the financial services industry...