The UK’s Prudential Regulation Authority (PRA) became responsible for the prudential regulation and supervision of banks, building societies, credit unions, insurers and major investment firms on April 1st 2013. Top stories [wp_rss_multi_importer category=”33″ maxperpage=”10″] Prudential Regulation Authority Responsibilities In total the PRA regulates around 1,700 financial firms. The Prudential Regulation Authority is part of the Bank […]
The UK’s Financial Conduct Authority (FCA) regulates the financial services industry in the UK. Its aim is to protect consumers, ensure the industry remains stable and promote healthy competition between financial services providers. Responsibilities of the Financial Conduct Authority The FCA has rule-making, investigative and enforcement powers that are used to protect and regulate the financial […]
Her Majesty’s Treasury (commonly known as HM Treasury) is the United Kingdom’s economics and finance ministry. Top stories [wp_rss_multi_importer category=”36″ maxperpage=”10″] HM Treasury and Government Spending
Cyber liability insurance orginates from the USA. Whilst cyber liability insurance has been around for some time, the market has yet to mature in the UK and across Europe. Insurance broker Duncan Sutcliffe set out the benefits of taking out a cyber liability insurance policy for small and medium-sized firms at E RADAR’s recent Trust […]
The UK’s Financial Services Act 2012 came into force on April 1st 2013 and implements the Government’s commitment to strengthen the financial regulatory structure in the UK. The legislation delivers significant reform of the current regulatory system, which divides responsibility for financial stability between the Treasury, the Bank of England and the Financial Services Authority (FSA). […]
I doubt that those dealers who rigged Libor in their own interests (or that of their counterparts in other banks as part of "easing" the market) are any more, or less, (dis)honest than the average computer salesman (wanting a better deal for his customer and an easier relationship for the upgrade) – or the man in the street.
Is this a Tay Bridge moment? Probably not. Not enough people are dead – although if RBS has to be put down as its customers walk away and the rest of us go back to carrying cash reserves in case our Cards stop working …
Action On Elder abuse warns that Financial Abuse of the elderly is more prevalent than physical and sexual abuse. Financial abuse is also most commonly committed by persons in a position of trust – family and carers. Older people have a right to their independence and not to rely on others.
The UK Government has published the Enterprise and Regulatory Reform Bill, one of the key measures outlined in the recent Queen’s Speech to encourage economic growth. [s2If !is_user_logged_in()] Please login to read the article [/s2If] [s2If current_user_can(access_s2member_level1)] The Bill aims to: improve the employment tribunal system Encourage parties to come together to settle their dispute before an employment tribunal […]