incentives News

UK Banks Face Rules to Curb Payment Protection Insurance Mis-selling

UK banks face new rules to stamp out sales incentives that have encouraged mis-selling of financial products going back two decades, the Financial Services Authority said on Wednesday. UK banks have been hit by a series of scandals in the …

Republican Report Backs Incentives for Corporate Cybersecurity

A Republican task force in the House said Congress should give companies incentives to boost their cyber defenses, but that tougher regulation may be warranted to protect critical facilities like power and water plants. Recommendations in the report, which was …

UK Insurers Support Corporate Tax Reduction; Budget for Growth

The UK government’s recently proposed budget contain a number of measures aimed at helping UK firms to increase their business, and to make them more competitive. As the UK’s insurance industry is one of the country’s most successful sectors, it …