Former billionaire Hui Ka Yan has been fined and faces being banned from the financial markets for life.....
FCA Business Plan 2024/25: Regulator sets out its plan of action for the next 12 months
The FCA has published its Business Plan for 2024/25, outlining its objectives over the next 12 months to deliver what it promised in its 3-year strategy,...
The FCA has published its Business Plan for 2024/25, outlining its objectives over the next 12 months to deliver what it promised in its 3-year strategy,...
Article / 2 days ago
AI will shift liability rather than create new risks
Artificial intelligence raises challenging questions for liability as the technology continues to outpace regulatory and legal developments...
Artificial intelligence raises challenging questions for liability as the technology continues to outpace regulatory and legal developments...
Article / 11 days ago
The insurance sector responds to the FCA's non-financial misconduct survey | Mayer Brown
Last week, firms in the insurance sector submitted their responses to the recent survey issued by the Financial Conduct Authority ('FCA') into...
Last week, firms in the insurance sector submitted their responses to the recent survey issued by the Financial Conduct Authority ('FCA') into...
Article / 15 days ago
Australia Warns of Critical Financial Risks to Insurers and Banks From Climate Change
Australia's worsening climate change may see insurance companies and banks withdraw their services from communities vulnerable to extreme events...
Australia's worsening climate change may see insurance companies and banks withdraw their services from communities vulnerable to extreme events...
Article / 18 days ago
FCA battling ‘snitches get stitches' mindset when it comes to non-financial misconduct
'We can sit here and say ‘oh, it is a terrible culture,' but what are we going to do about it?' asks member of parliament...
'We can sit here and say ‘oh, it is a terrible culture,' but what are we going to do about it?' asks member of parliament...
Article / 18 days ago
Banks, Insurers Targeted as Climate Group Seeks EU Review of Deforestation Rule
Climate activists are putting pressure on the European Union to reconsider its decision to exclude banks from a landmark deforestation rule, in a move...
Climate activists are putting pressure on the European Union to reconsider its decision to exclude banks from a landmark deforestation rule, in a move...
Article / 1 month ago
Investing in Britain is safest bet, minister tells insurers - Reuters
Britain's insurers must step up to the plate and use billions of pounds in freed-up capital to invest in growth companies and infrastructure...
Britain's insurers must step up to the plate and use billions of pounds in freed-up capital to invest in growth companies and infrastructure...
reuters.com /
Article / 1 month ago
How should Financial Institutions manage the rise of non-financial misconduct?
Over the last few months, Parliament's Treasury Committee has sought to examine the many barriers faced by women in financial services through the...
Over the last few months, Parliament's Treasury Committee has sought to examine the many barriers faced by women in financial services through the...
Article / 1 month ago
Banks, insurers ordered to report sexism and bullying cases in Britain - Reuters
Britain's markets watchdog has ordered more than 1,000 banks, insurers and brokerages to report how many sexual harassment, discrimination and other non-financial misconduct cases they have recorded since 2021 and how they have dealt with them.
Britain's markets watchdog has ordered more than 1,000 banks, insurers and brokerages to report how many sexual harassment, discrimination and other non-financial misconduct cases they have recorded since 2021 and how they have dealt with them.
reuters.com /
Article / 1 month ago
New Zealand: Commerce minister outlines plans to reform financial services
Mr Andrew Bayly, Minister of Commerce and Consumer Affairs, has said that the government will reform financial services regulations, ensuring clarity and...
Mr Andrew Bayly, Minister of Commerce and Consumer Affairs, has said that the government will reform financial services regulations, ensuring clarity and...
Article / 2 months ago