UK Regulators Seek to Reassure Insurers, Banks About Brexit Transition Period March 29, 2018 By Silla Brush U.K. financial regulators sought to reassure banks and insurers that they can rely on a transition period to ease their...
Brexit Effect: Fewer UK Financial Services Jobs Expected to Shift to EU, Says Reuters March 28, 2018 By Andrew MacAskill, Carolyn Cohn and Simon Jessop The number of finance jobs to be shifted out of Britain or created overseas by March 2019 due to Brexit...
How Will London’s Position as Global Financial Center Be Affected by Brexit? March 28, 2018 By Andrew MacAskill Is London’s position as the largest international center of finance slipping as a result of Brexit? London has been a...
Bank of England Will Soon Update Insurers, Banks on Latest Brexit Approach March 23, 2018 By Huw Jones The Bank of England said it would update banks and insurers next week on its approach to Brexit given that...
UK Insurers, Banks Push Ahead with Relocating HQs – Despite Brexit Transition Deal March 20, 2018 By Huw Jones and Andrew MacAskill London-based banks and other financial firms won’t put their Brexit moves on hold despite a transition deal between Britain and...
EU Eyes Offering `Improved Equivalence’ for UK Financial Services After Brexit March 20, 2018 By Nikos Chrysoloras The European Union will consider offering the U.K. “improved equivalence” for financial services after Brexit, according to the bloc’s latest...
London’s Future as Financial Center Uncertain Due to Brexit: UK Regulator March 15, 2018 By Huw Jones London’s future as a global financial center is uncertain because of Brexit and Britain faces a tough task to secure...
Munich Re Eyes Purchase of London Property, Which Could Become UK HQ: Sources March 15, 2018 By Jack Sidders and Sharon Smyth Munich Re, the world’s largest reinsurer, is in talks to acquire a plot that has approval for one of the...
UK Insurtech Flock Launches Pay-As-You-Fly Drone Insurance March 13, 2018 Flock, a London based startup, has launched Europe’s first “pay-as-you-fly” drone insurance solution. The “Flock Cover” smartphone app provides on-demand...
UK/EU Financial Services Industry Could Deal with ‘Hard Brexit,’ Says Official March 9, 2018 By Huw Jones Financial businesses have realistic expectations about serving European Union customers after Britain leaves the bloc next year and could deal...