January 12, 2016
Bosses can snoop on workers’ e-mails including personal messages with loved ones during working hours, the European Court of Human Rights ruled in a case brought by a Romanian man who claimed he was unfairly fired after his employer spied …
January 12, 2016
A European Union regulation intended to prevent a rerun of the global credit crunch by shining a light on financing arrangements such as repurchase agreements, securities lending and margin loans comes into force on Tuesday. The EU’s Securities Financing Transactions …
January 7, 2016
Confidence among U.K. services firms slid to a three-year low last month as the risk of Britain exiting the European Union weighed on executives’ minds. The drop in sentiment was reported by Markit Economics in its monthly sector survey. The …
January 6, 2016
JPMorgan Chase & Co. warned financial-services firms from banks to insurers could pull jobs out of the U.K. in the event of Britain voting to leave the European Union. Financial services would feel the “negative impact of Brexit“ most, which …
January 4, 2016
The majority of big British businesses that favor Britain remaining in the European Union has dwindled over the last six months, according to a quarterly survey of chief financial officers published on Monday. Accountancy firm Deloitte said 62 percent of …
November 20, 2015
Britain’s biggest insurers will be exempt from having their most important indicator of financial health externally audited under proposals issued by the Bank of England on Friday. New European Union rules will require British-based insurance firms from January to meet …
November 10, 2015
European Union finance ministers should reach a deal by the end of the year on a plan to revamp the securitization market in Europe, the European commissioner for financial services said on Tuesday. The European market for asset-backed securities (ABS) …
September 24, 2015
National authorities in the European Union will have to submit to binding arbitration if they can’t decide whether to apply the bloc’s new rules on simple securitizations to a transaction, a European Commission document shows. In the undated draft regulation …
September 21, 2015
The European Union is preparing reduced capital requirements for insurers in a bid to spur investment in long-term infrastructure projects. The European Commission, the EU’s executive arm, is considering amending insurance rules known as the Solvency II Delegated Act to …
August 28, 2015
Investors hunting for yield after a global financial rout might well take a detour to the headquarters of a tiny insurance company hidden away along a highway in west Dublin. Just as world markets cratered on August 24, troubled Irish …