UPDATE 1-Britain cracks down on “vulture” pensions advisers

This post was originally published on this site(Adds reaction). By Huw Jones. LONDON, June 5 (Reuters) – Britain’s markets watchdog has banned contingent charging from October after

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UPDATE 1-EU watchdog fines Scope Ratings 640000 euros

This post was originally published on this site(Adds company statement). LONDON, June 4 (Reuters) – The European Union’s markets watchdog said on Thursday it has fined Scope Ratings

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British Regulator Enlists 8 Insurers in Pandemic Test Case of Business Interruption Cover

This post was originally published on this siteBritain’s Financial Conduct Authority said eight insurers, including Hiscox and QBE, will take part in a test case to decide whether their

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UPDATE 1-British watchdog enlists eight insurers for pandemic test case

This post was originally published on this site(Adds more detail, reaction). By Huw Jones. LONDON, June 1 (Reuters) – Britain’s Financial Conduct Authority said eight insurers,

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Euronext shuts London exchange that had one listing

This post was originally published on this siteLONDON, May 28 (Reuters) – Pan-European exchange Euronext said on Thursday it was closing its regulated exchange in London by June 30 to shift

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RPT-UPDATE 3-British banks can withstand pandemic fallout on economy -BoE

This post was originally published on this site(Repeats to fix formatting, no changes to text). * BoE’s stress test based on economic scenario for pandemic. * Test assumed GDP drop by

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UK watchdog investigates EY audit of NMC Health

This post was originally published on this siteAdds background. LONDON, May 4 (Reuters) – Britain’s accounting regulator said it has opened an investigation into EY’s audit of

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UK watchdog goes to court to clarify coronavirus business insurance

This post was originally published on this siteLONDON (Reuters) – Britain’s financial watchdog said it would urgently ask the courts to clarify uncertainty over whether businesses can

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Banks dust off no-deal Brexit plans as December deadline looms

This post was originally published on this siteLONDON (Reuters) – Banks are dusting off their no-deal Brexit plans as concerns deepen that Britain and the European Union won’t agree a

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UK watchdog warns events firms over failure to pay refunds in pandemic

This post was originally published on this siteAdds more detail. LONDON, April 30 (Reuters) – Britain’s competition regulator said it has opened investigations into thousands of

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