The Financial Conduct Authority revealed on Tuesday that it will strip back red tape for the U.K. insurance sector in an effort to boost the competitiveness of the sector.
The Financial Conduct Authority revealed on Tuesday that it will strip back red tape for the U.K. insurance sector in an effort to boost the competitiveness of the sector.
The Pensions Regulator has said it will launch an investigation into why Britain's largest retirement funds are delaying investment in private markets as part of a push to spur the £3 trillion ($4 trillion) sector to plow more cash into the economy.
The trustee of three Lloyds Banking Group pension schemes on Tuesday announced it had penned policies worth £4.8 billion ($6.4 billion) with insurer Rothesay to protect the schemes from costs linked to unexpected increases in member life expectancy.
The Financial Conduct Authority said Wednesday it has launched an innovative information service to fight financial crime, with the aim of reducing pension, investment and crypto-asset fraud against consumers.
European Union lawmakers agreed Tuesday to reduce sustainability reporting and governance rules for companies, in order to improve global competitiveness.
Ondo InsurTech PLC said Tuesday that it has raised gross proceeds of approximately £2.38 million ($3.17 million) to accelerate its expansion in the U.S. in an equity offering launched earlier in December.
The recent explosion in artificial intelligence has led to prompts and AI outputs that may be susceptible to disclosure in proceedings, and it is important to apply familiar principles to assess whether legal privilege may apply to these interactions, say lawyers at HSF.
