All the headlines from our Uk Topic Page, ordered by recency.
May 16 2018 // Bermuda’s Aspen Insurance Holdings Limited has asked the Central Bank of Ireland to authorize a new insurance subsidiary in Dublin, Ireland.Aspen said it is pursuing the new Irish subsidiary – Aspen Insurance...
May 16 2018 // The risk of cyber attack, once overhyped, now threatens businesses’ very existence. Its severity varies significantly with geography: For example, inherent cyber risk has climbed in France over the past year while...
May 7 2018 // Lloyd’s of London, AIG, Allianz and other insurers are ignoring assurances and establishing new hubs in Britain and the European Union before Brexit in March 2019 to ensure access to customers.The moves come despite...
May 2 2018 // The European Central Bank and the Bank of England have been drafted in to study the threats that Brexit poses to financial services. Just don’t expect this “technical working group” to save the...
Apr 23 2018 // Bermuda-based property/casualty insurer and reinsurer Sompo International Holdings Ltd. said it has received the regulatory approvals from the Ministry of Finance of Luxembourg to establish a new subsidiary, SI Insurance...
Apr 20 2018 // American International Group Inc. announced the authorization of new insurance companies in the United Kingdom and Luxembourg in preparation for the UK’s exit from the European Union.The formation of the two new...
Apr 19 2018 // A small town mayor from southern Spain is offering Gibraltar-based insurers a way to retain access to the European Union single market after Britain leaves the bloc next year.Juan Franco of La Linea on the southern tip of...
Apr 17 2018 // A prominent campaigner to leave the European Union, Arron Banks, denied allegations on Tuesday by a former employee of political consultancy Cambridge Analytica that he had misused personal data for political...
Apr 17 2018 // The plot to reverse Brexit is missing a key ally: U.K. business.Companies have been among the most outspoken critics of the split from the European Union, and many have much to lose from the divorce. But as a group of...
Apr 17 2018 // The United States and Britain on Monday accused Russia of launching cyber attacks on computer routers, firewalls and other networking equipment used by government agencies, businesses and critical infrastructure operators...
Apr 13 2018 // Leading bankers warned on Thursday that Britain is yet to feel the real impact of Brexit which will undermine its status as a global finance center as companies prepare to shift jobs out of London to preserve access to...
Apr 12 2018 // European Union regulators urged banks, investors and customers on Thursday to take “timely action” to avoid disruption to cross-border derivatives and insurance contracts caused by Brexit.Britain leaves the EU...
Apr 9 2018 // Britain’s financial watchdog called on Monday for immediate coordination with European Union counterparts to ensure that Brexit is as smooth and stable as possible for markets.The Financial Conduct Authority (FCA)...
Mar 29 2018 // U.K. financial regulators sought to reassure banks and insurers that they can rely on a transition period to ease their adjustment to Brexit, putting pressure on the European Union to do the same.The statements on...
Mar 28 2018 // The number of finance jobs to be shifted out of Britain or created overseas by March 2019 due to Brexit has dropped by half compared to six months ago to 5,000 roles, firms employing the bulk of UK-based workers in...
Mar 28 2018 // Is London’s position as the largest international center of finance slipping as a result of Brexit?London has been a critical artery for the flow of money around the world for centuries. The financial services sector...
Mar 23 2018 // The Bank of England said it would update banks and insurers next week on its approach to Brexit given that Britain and the European Union have now adopted a transition deal.“The Bank of England welcomes the EU...
Mar 22 2018 // Markets had already delivered their verdict before the European Union’s data privacy watchdogs could express outrage toward Facebook Inc.And while the social media giant lost as much as $60 billion in value earlier...
Mar 22 2018 // Europol Executive Director Rob Wainwright is leaving the EU intelligence agency he’s led for almost a decade to help run Deloitte LLP’s cyber-security practice, as companies wake up to the growing...
Mar 21 2018 // The British Insurance Brokers’ Association (BIBA) has formed an agreement with the Worldwide Broker Network (WBN) so that BIBA’s UK-based brokers are introduced to WBN’s EU-based brokers — thereby...