U.K. Names Bailey as Bank of England Chief, Succeeding Carney December 20, 2019 By David Goodman and Jessica Shankleman Andrew Bailey will be the next head of the Bank of England after the government chose to replace Mark Carney...
Independent Insurance Agent Group Rep Calling Attention to Climate Change Dangers December 19, 2019 By Don Jergler A representative for an independent insurance agent group in one state has penned an opinion column calling attention to the...
Many Major Central Banks, Minus U.S. Fed, Taking Action on Climate Change Risks September 24, 2019 By Jill Ward Bank of England Governor Mark Carney was in no mood for laughter as he stood in his tuxedo before the...
UK Regulator Asks Insurers to Weigh Possible Business Impact of Climate Change August 2, 2019 By Mathew Carr and Lisa Pham The Bank of England for the first time is asking British insurers to gauge how global warming might impact the...
Lloyd’s Must Demonstrate Progress in Tackling Sexual Harassment: Bank of England June 19, 2019 By Will Hadfield The Bank of England called for Lloyd’s of London to demonstrate progress in tackling the insurance market’s culture of sexual...
Bank of England Warns Against Weakening Rules for Insurers, Banks After Brexit May 17, 2019 By Huw Jones Weakening rules for banks and insurers after Brexit would be “anathema,” but Britain could change its style of regulating to...
Bank of England to Issue Rules for How Banks, Insurers Should Manage Climate Risk March 22, 2019 By Andy Bruce and David Milliken The Bank of England will soon spell out how it wants banks, insurers and investment companies to manage the financial...
UK Insurers, Banks to Get Regulatory Transition Period in Event of Hard Brexit March 1, 2019 By Huw Jones British regulators will give banks, asset managers, insurers and brokers until mid-2020 to fully comply with rules that replace European...
Bank of England Pressures EU to Deliver No-Deal Brexit Fix for Financial System November 20, 2018 By Silla Brush The Bank of England turned up the pressure on the European Union to deliver legislation within weeks to avert a...
UK Insurers, Banks Need ‘Credible Plans’ for Climate Change Risks: Bank of England October 15, 2018 By Huw Jones Britain’s banks and insurers must come up with credible plans for protecting themselves against risks from climate change and may...