Bank of England (BoE)
Bailey named Prudential Regulation Authority CEO
Andrew Bailey has been named deputy governor for the Bank of England, which will also make him chief executive of the Prudential Regulation Authority.
Aon revisits bonus payout decision
Insurance broker Aon is considering backtracking on an offer to delay payment of employee bonuses until the start of the new tax year, according to reports.
Aon defers bonuses to benefit from lower tax
Aon has offered staff the option to benefit from lower income tax by delaying bonus payments until after April.
PRA aims for "judgement-based" approach
Two documents outlining the Prudential Regulation Authority's approach to supervision when it is established in April 2013 have been presented today to stakeholders.
Rating agencies: The rating game
Nations and businesses alike are growing critical of rating agencies, so is a downgrade as damaging as it used to be?
North of the Border: An interest-ing judicial decision
The savers among us have grumbled for some time as the Bank of England rate stagnates at 0.5%, but a recent decision in Scotland could benefit insurers that have grappled with excessive interest on damages for years.
News analysis: An Olympian effort to prevent an impact on the business
If the trains and tubes are overcrowded and the roads gridlocked, will London’s brokers and insurers cope during the Olympics?
News analysis: Insurance industry feels the shockwaves of the economic meltdown
It has been hard to escape the doom and gloom of the volatile stock market and wider economic woes over the past week.
BIS 2011: EU economy could go into meltdown, warns former Bank of England boss
The former deputy governor of the Bank of England Sir John Gieve has forecasted the European economy will either slowly limp along to recovery and see unemployment rise or go into complete meltdown.
BIS Countdown: Sir John Grieve - In the eye of the storm
As deputy governor of the Bank of England, Sir John Gieve was in the centre of the worst financial crisis for a century. What has hindsight revealed and what are his views on the subsequent regulatory shake-up?
Scepticism over future of regulation
Law firms have reacted with scepticism to the Financial Services Authority's paper on the future of regulation for insurers. This week the regulator released a joint paper with the Bank of England, outlining how the Prudential Regulation Authority — the…
ABI Conference: FSA and Eiopa clash over Bank of England role
The Financial Services Authority has clashed with the European Insurance and Occupational Pensions Authority over the Bank of England’s role in the regulation of the insurance sector.
ABI Conference: FSA and Eiopa clash over Bank of England role
The Financial Services Authority has clashed with the European Insurance and Occupational Pensions Authority over the Bank of England’s role in the regulation of the insurance sector.
PRA reveals approach to insurer regulation
The Bank of England and the Financial Services Authority have published a joint paper that sets out sets out the current thinking on how the future Prudential Regulation Authority will approach the supervision of insurers.
IUA highlights key regulatory challenges facing London Market
A regulatory maelstrom is taking up significant management time and compliance costs of London Market companies, according to the London Underwriting Association.
News analysis - regulation: Questions over reform
The latest consultation paper over regulation reform has left many questions unanswered. Amy Ellis talks to industry figures to find out more.
Treasury committee calls for right not rushed regulation
The Treasury Committee has today published its report on the government's proposals for financial regulation, calling for more time to get it right.
FSA seeks more 'intrusive' resilience benchmarking
Brokers have backed publication of a consultation document by the Financial Services Authority, Bank of England and HM Treasury that considers options for a financial sector resilience benchmarking programme.
FSCS launches consumer confidence programme
The Financial Services Compensation Scheme has unveiled a new programme to boost consumer confidence in financial services products.
BoE questioned over insurance expertise
Political consultancy firm Cicero has questioned the Bank of England's ability to govern the insurance sector.
Bluefin’s Reid predicts closer links with Axa under Blanc – Post in print: 9 December 2010
Reporter Amy Ellis outlines the main news from this week's issue of Post, which includes a prediction from Bluefin’s Stuart Reid that the recently announced appointment of Amanda Blanc to CEO of commercial lines at Axa, could lead to closer trading…
Cicero calls for enhanced HMT oversight to new UK financial services regulation
At a joint event with REFORM think tank, Cicero Consulting, director and chief corporate counsel Iain Anderson, has called for the oversight role of HM Treasury to be enhanced in the new UK regulatory framework.