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...
UK Payments Firm Moved Billions for Risky Clients Before FCA Seizure June 23, 2026 By Lucca de Paoli and Donal Griffin Euro Exchange Securities UK Ltd., a British payments company, handled at least £2 billion ($2.7 billion) for a small group...
UK to Seek Closer EU Ties on Financial Services as Reeves Chases Growth March 20, 2026 By Joe Mayes The UK’s city minister will visit European capitals next week in a push to deepen ties with the European Union...
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 Regulators Agree Deal to Coordinate With EU on Critical Third-Party Tech Providers January 15, 2026 By Phoebe Seers and Lawrence White British financial regulators, including the Bank of England, have signed an outline deal with their European counterparts to enhance cooperation...
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...