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Letter from the Chancellor of the Exchequer to the Chief Executive of the Financial Conduct Authority (FCA) providing recommendations for the FCA.
Nikhil Rathi Chief Executive Financial Conduct Authority 12 Endeavour…
Letter from the Chancellor of the Exchequer to the Governor of the Bank of England providing recommendations for the Prudential Regulation Committee (PRC).
Andrew Bailey Governor Bank of England Threadneedle Street London EC2R 8AH…
The Government and FCA announce plans to reform UK retail disclosure rules, and will temporarily exempt investment trusts from assimilated EU law requirements.
A GAD actuary has been appointed to a new financial panel. The cost benefit analysis panel was set up by the Bank of England and Prudential Regulation Authority.
GAD's quality assurance reviews of financial models helps with verifying model calculations and validating data and assumptions.
CMA finds breaches of Part 3 of the Retail Banking Market Investigation Order 2017 and Starling Bank has agreed to take action to prevent a recurrence.
GAD has set up a cross-government Credit Risk group for people in government and the public sector who manage loans and financial guarantees.
CMA finds breaches of Part 5 (Payment Transaction Histories) of the Retail Banking Market Investigation Order 2017 and Barclays has agreed to take action to prevent a recurrence.
CMA finds breaches of Part 2 (Open Banking) of the Retail Banking Market Investigation Order 2017 and Santander has agreed to take action to prevent a recurrence.
Survey ranks banks so that customers can easily compare services and get the best deal - at a time when many are keeping a close eye on their finances.
Four high street banks – HSBC, Lloyds, TSB and Allied Irish Bank (AIB) – failed to comply with banking rules put in place by the CMA to help their customers.
CMA finds breaches of Part 7 and Article 56 of the Retail Banking Market Investigation Order 2017 and TSB has agreed to take action to prevent a recurrence.
CMA finds breaches of Parts 2 and 8 and Article 56.2 of the Retail Banking Market Investigation Order 2017 and AIB has agreed to take action to prevent a recurrence.
CMA finds a breach of Part 2 of the Retail Banking Market Investigation Order 2017 and Lloyds has agreed to take action to prevent a recurrence.
CMA finds a breach of Part 7 of the Retail Banking Market Investigation Order 2017 and HSBC has agreed to take action to prevent a recurrence.
Economic Secretary to the Treasury Bim Afolami delivers keynote speech at UK Finance at Bright Blue event in partnership with Virgin Money
First published during the 2022 to 2024 Sunak Conservative government
The UK and the Association of Southeast Asian Nations (ASEAN) have agreed to work in partnership on some key issues shaping the financial services sector.
Public sector organisations are reminded to ensure accounts will be IFRS 17 compliant when accounting for insurance contracts, from this financial year onwards.
The Economic Secretary to the Treasury Bim Afolami has appointed Bryan Zhang to the board of the Financial Conduct Authority (FCA).
The three external members have been reappointed by the Economic Secretary to the Treasury.
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