Bank of England Finds Non-Bank Financial Firms Pose Wider Risks in Crisis Periods December 2, 2024 Non-bank financial institutions such as hedge funds remain vulnerable to a sudden financial shock and would not all be able...
More Reforms Needed to Tackle Shadow Banking’s ‘Hidden Leverage’: BoE Regulator July 18, 2024 The booming non-bank financial industry has created excessive leverage that poses financial stability risks, and more reforms are needed to...
Bank of England Builds ‘Proactive Case’ to Regulate Non-Bank Sector February 26, 2024 By Huw Jones Regulators need broader oversight of financial firms to prevent a crisis in the vast non-bank sector turning into a credit...
What Would UK Labour Party’s Finance Sector Plan Mean for City of London? February 1, 2024 By Huw Jones Britain’s opposition Labour Party, tipped in the polls to win an election expected this year, set out its blueprint on...
Bank of England May Tighten Up Life Insurers’ Use of Offshore Reinsurance January 12, 2024 The Bank of England may tighten supervision of life insurers’ use of the “funded reinsurance” market, typically alternative asset managers...
US Climate Report Shows Rising Temps, Greenhouse Gas Emissions Headed Down November 17, 2023 By Don Jergler A new national climate report that shows temperatures rapidly rising, but it also has some good news for the U.S....
Bank of England to Deepen System-Wide Stress Test for Banks, Insurers November 13, 2023 By Huw Jones The Bank of England said on Friday it would start the second leg to its first system-wide stress test of...
Rapid Shocks in Store for Insurers in New Bank of England Stress Tests October 3, 2023 By Huw Jones The Bank of England said on Tuesday it will check the health of general insurers in 2025 with a “stress...
Bank of England Sets Out Reform of Insurance Capital Rules to Boost Investment September 28, 2023 By Huw Jones Britain set out plans on Thursday to ease key banking and insurance rules in the latest attempt to boost its...
Britain Proposes Diversity and Misconduct Rules for Financial Services Firms September 25, 2023 By Huw Jones Britain’s financial regulators proposed guidance on Monday for financial firms to tackle sexual harassment and bullying, along with new requirements...