New UK Prime Minister Promises to ‘Unshackle’ City of London September 6, 2022 By Huw Jones Liz Truss becomes Britain’s prime minister on Tuesday after a campaign in which she promised to “really unshackle” the City...
London’s Financial Services Firms See Potential in Liz Truss’ ‘Radical’ Policies September 1, 2022 By Katherine Griffiths After an international career in finance, a rapid political rise and high profile as chancellor of the exchequer during the...
Front Runner to Be Next UK PM Wants to Review Financial Watchdogs’ Roles: Source August 18, 2022 By Elizabeth Piper and Huw Jones Liz Truss, the front-runner to become Britain’s next prime minister, wants to examine the roles of the country’s three financial...
Weakening UK Regulators Would Undermine Financial Services, Bank of England Warns August 12, 2022 Weakening the independence of regulators would undermine reforms to bolster Britain’s finance industry, the head of the Bank of England...
Britain’s Proposed Post-Brexit Financial Reform Explained August 12, 2022 By Huw Jones Britain’s government proposed a far-reaching financial services law last month to exploit “freedoms” to write its own capital market rules...
UK’s Solvency II Reforms Could Open Door to Share-Buyback Bonanza for Insurers August 5, 2022 By Alex Morales and William Shaw Insurers would potentially be able to use billions of pounds of expected gains from a relaxation of capital rules for...
UK Insurers, Banks Risk Fines Under New Reforms Unless They Put Customers First July 27, 2022 By William Shaw Financial firms may be fined and stripped of their regulatory authorization unless they put their customers’ needs first under far-reaching...
UK Should Avoid Hasty Financial Services Reforms Following Brexit: Lawmakers June 23, 2022 By Huw Jones Britain should avoid hasty reforms to make its financial sector more globally competitive after the industry’s separation from the European...
UK Lawmakers Warn About Watering Down Post-Brexit Financial Regulation June 16, 2022 By Huw Jones Brexit is no reason to radically alter British financial regulation and regulators should not be forced to water down rules...
IMF Warns Britain About Relaxing High Regulatory Standards for Insurers, Banks February 23, 2022 By Huw Jones A push to make London more attractive as a global financial center after Brexit must not threaten high standards of...