EU Regulators Set Out Ideas to Help Plug Climate ‘Insurance Gap’ April 24, 2023 By Huw Jones Issuing “catastrophe bonds” and setting up public-private partnerships could help plug the “insurance gap” to better cover damage from climate...
EU Vote on Human Rights ‘Due Diligence’ Looms for Financial Services Firms April 6, 2023 By Huw Jones Financial services companies would be required to take action if their clients were failing to protect human rights and the...
Britain to Reform Accountability Rules for Senior Bankers, Insurance Executives March 31, 2023 By Huw Jones Britain on Thursday launched a long-awaited consultation on reforming rules brought in after the global financial crisis to make top...
Britain Sets Out Next Steps to ‘Green’ its Financial System March 31, 2023 By Huw Jones Britain’s finance ministry set out plans on Thursday to meet its target of becoming the world’s first net-zero aligned financial...
Britain’s Financial Services Industry Plans Blueprint for Post-Brexit ‘Kickstart’ March 21, 2023 By Huw Jones Top officials from Britain’s financial sector said on Tuesday they would set out a blueprint later this year to “kickstart”...
Update: Britain Says Financial Reforms Will Be in Same ‘Orbit’ as EU, U.S. March 9, 2023 By Huw Jones Britain’s revamped financial market rules will largely be aligned with U.S. and European Union regulations to minimize disruption to global...
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...
Britain Says Global Accounting Rules Are Crimping UK Economy February 22, 2023 By Huw Jones A central plank of global accounting rules has become a “performance penalty” which holds back investment in Britain, its financial...
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...
G20-Backed Standards Body Approves First Global Company Sustainability Rules February 17, 2023 By Huw Jones The G20-backed International Sustainability Standards Board on Thursday approved “global baseline” rules for firms disclosing how climate change affects their...