Bank of England Tells UK to Hold Insurers to Account on Infrastructure Spending September 14, 2023 By Huw Jones The government should check that insurers are spending up to 100 billion pounds ($125 billion) on Britain’s economy after their...
City of London Calls for ‘Big Moves’ to Boost Post-Brexit Finance September 7, 2023 By Huw Jones The City of London called in a report on Thursday for a new council which would allow Britain’s financial sector...
Legal & General’s CEO Says UK Must Speed Up Reforms to Lure Investors August 17, 2023 By Laura Benitez The UK needs to accelerate reforms to help attract more investments, according to Legal & General Group Plc Chief Executive...
Britain to Create New Regime to Deal With Big Insurance Company Failures August 7, 2023 By Huw Jones Britain said on Wednesday [Aug. 2] it would start work on setting up new rules specially designed to prevent a...
UK’s Post-Brexit Access to EU Financial Markets Still Unclear, EU Official Says July 19, 2023 By Huw Jones It is too early to tell if Britain’s financial rules post-Brexit will diverge too far from European Union norms to...
UK Pension Funds Back Next Phase of Post-Brexit Shakeup in City of London July 11, 2023 By Huw Jones Aviva, Legal & General and seven other pension firms intend to invest 50 billion pounds ($64 billion) in unlisted companies...
UK Regulators Urged to Help Keep London Competitive, Using New Post-Brexit Remit June 30, 2023 By Huw Jones Britain’s regulators must push ahead with applying their new post-Brexit remit to help keep the country’s financial sector globally competitive,...
Britain and EU Sign Post-Brexit Cooperation Pact in Financial Services June 29, 2023 By Huw Jones Britain and the European Union signed a long-delayed post-Brexit cooperation pact in financial services on Tuesday, but the rapprochement is...
Bank of England Proposes Further Reforms to Insurers’ Capital Rules to Cut Red Tape June 29, 2023 The Bank of England on Thursday proposed further reforms to capital rules for insurers in a step it said would...
Insurer Capital Rule Changes in UK to Start by End of 2023, Finance Ministry Says June 22, 2023 By Huw Jones Britain’s finance ministry said on Thursday that the first batch of post-Brexit reforms to “Solvency II” capital rules for insurers,...