BOE’s Bailey Says UK’s Reforms of Insurance Capital Rules Increase Failure Risk by 20% March 7, 2023 By Tom Metcalf The governor of the Bank of England has told lawmakers that the UK government’s plans to reform insurance capital rules...
Britain Will Seek to Reset Relations Between City of London and EU March 2, 2023 By Huw Jones Britain will seek to reset relations between the City of London and the European Union on Thursday, saying it will...
Post-Brexit Insurance Reform Expected Before December: BoE’s Woods February 21, 2023 By Huw Jones The Bank of England sought on Monday to allay fears among insurers that it was dragging its feet over a...
UK Government Seeks to Speed Up Post-Brexit Insurance Reforms February 10, 2023 By Katherine Griffiths The UK government is in talks to speed the implementation of a flagship insurance reform to release £100 billion ($121...
British Financial Services Damaged by Slow Supervisors, Report Warns January 27, 2023 By Huw Jones Britain’s regulators can be slow, inefficient and unpredictable, raising costs and slowly damaging the financial sector’s global competitiveness, industry body...
UK Parliament Seeks Power to Scrutinize Financial Services Regulators January 25, 2023 By Katherine Griffiths Britain’s financial regulators would face more scrutiny over their policies for consumers and the economy from Parliament under proposals from...
UK Insurers Fear That Promised Brexit Capital Reforms Will Be Derailed January 23, 2023 By Katherine Griffiths Insurers loved the UK government’s long-awaited plans to free up billions of pounds of their capital. But after the celebrations...
UK Financial Services Firms Fear Rise in Loan Defaults: CBI/PwC Survey January 12, 2023 By Tom Metcalf An increasing number of the UK’s financial services firms expect a rise in loan defaults in the next three months,...
UK Financial Services Firms Lead Europe in Push to Shrink Board Gender Gap January 10, 2023 By Irina Anghel UK finance firms now have a higher proportion of women on their boards than their European counterparts, a rare boost...
UK Insurers, Banks Hope for Substantive Financial Services Reforms in 2023 December 22, 2022 By Katherine Griffiths After a jarring six months marked by sweeping policy promises, U-turns and four Chancellors of the Exchequer, UK financiers head...