Bankers Call for More ‘Bang’ to Boost London’s Competitiveness April 27, 2021 By Huw Jones LONDON — Shortly after Britain left the European Union, finance minister Rishi Sunak pledged a series of measures he dubbed...
Impact of Brexit on City of London Is Worse than Expected: Study April 16, 2021 By Huw Jones LONDON – Over 400 financial firms in Britain have shifted activities, staff and a combined trillion pounds ($1.4 trillion) in...
G20 Companies to Face Common Disclosure Requirements for Climate Risks April 6, 2021 By Huw Jones LONDON – G20 companies will face common disclosure requirements on climate change risks under plans by the Financial Stability Board,...
Britain Shouldn’t Blindly Adopt EU Rules Just to Keep Business in London: BoE’s Brazier March 30, 2021 By Rachel Armstrong and Huw Jones LONDON – Britain should not be “short-sighted” and copy European Union rules just to keep financial activity in London, Bank...
What Has Changed After Brexit for London’s Financial Center? March 29, 2021 By Huw Jones LONDON — Britain and the European Union agreed a new post-Brexit financial services pact on Friday that will allow them...
City of London Is Realizing that EU Will Limit Access for Financial Services: Lawmaker March 26, 2021 By Huw Jones LONDON – There is a growing realization that Britain should not wait for unlikely European Union access for financial services...
Britain Proposes Requiring Large Firms to Disclose Climate Financial Risks by 2022 March 24, 2021 By Huw Jones Britain launched a public consultation on Wednesday on proposals to require large companies as soon as 2022 to disclose the...
British Report Says London Joining EU Financial Services Market May Not Be Worth It March 24, 2021 By Huw Jones The City of London may be better off staying out of the EU’s financial services market as it would have...
Britain Says Financial Services Agreement With EU Should Come Soon March 18, 2021 By Huw Jones Britain expects to seal a financial services cooperation pact with the European Union shortly, a senior finance ministry official told...
Britain Targets Big 4 Auditors, Company Directors With Reform Proposals March 18, 2021 By Huw Jones Britain proposed weakening the market grip of “Big Four” auditors on Thursday and making company directors responsible for spotting fraud...