Excessive red tape on banks and insurers threatens to turn the City of London into a “graveyard”, a top Bank of England ...
Sam Woods said scrapping the cap was ‘noticed at the highest level in major international banks across the world’.
Bank of England’s Sam Woods warns that excessive regulation threatens the City of London’s competitiveness, calling for a ...
The Prudential Regulation Authority’s (PRA’s) director of insurance supervision, Shoib Khan, recently clarified the PRA’s approach to the ...
Additionally, the Prudential Standard CPS 230, set to take effect in July 2025, will focus on improving the management of ...
UK regulators looks to be setting securitization on a good path after market participants welcomed the latest proposals by ...
Bankers’ bonuses are to be further deregulated in a bid to boost the international competitiveness of the City. The Bank of ...
As the dust settles on the failure of Silicon Valley Bank (SVB) and the resolution of its UK subsidiary, Silicon Valley Bank ...
Bank of England deputy governor Sam Woods says the bankers' bonus cap was "damaging" for the UK economy.
UK regulators plan to ease post-crisis bonus rules so bankers can get some of their cash immediately and are no longer forced ...
The Australian Prudential Regulation Authority ( APRA) has published its quarterly insurance data for the June 2024 period.