Phoebe Seers

2 weeks ago | mlex.com | Phoebe Seers

By Phoebe Seers ( May 20, 2025, 13:40 GMT | Insight) -- The UK has ridden out recent global financial shocks thanks in part to its ring-fencing regime, Barclays CEO Vim Maru said today as he cautioned lawmakers against repealing one of the more significant regulatory burdens that lenders face.

3 weeks ago | mlex.com | Phoebe Seers |Patrícia Figueiredo

By Phoebe Seers and Patricia Figueiredo ( May 15, 2025, 16:30 GMT | Insight) -- Meta Platforms and other tech giants looking ahead to UK guidance on preventing fraudulent advertising online have a mixed message after the regulator responsible today refused to recognize the tight delivery timeline of this summer that was described by a minister in Parliament yesterday.

3 weeks ago | mlex.com | Phoebe Seers

By Phoebe Seers ( May 15, 2025, 11:33 GMT | Insight) -- The UK's planned new stock exchange for private companies will be up and running with shares traded before the end of the year, the government said as it bids to revive flagging capital markets under its priority to nurture economic growth. Legislation to establish the Private Intermittent Securities and Capital Exchange System sandbox was introduced into Parliament today.

3 weeks ago | mlex.com | Phoebe Seers

By Phoebe Seers ( May 13, 2025, 23:02 GMT | Insight) -- Large commercial insurers could see a significant reduction in red tape in the UK under proposals rolled out by the Financial Conduct Authority today. The regulator has proposed removing detailed regulatory protections from around 45,000 larger commercial insurance customers, easing the burden on insurers while maintaining protections for smaller customers.

3 weeks ago | mlex.com | Phoebe Seers

By Phoebe Seers ( May 13, 2025, 14:20 GMT | Comment) -- A voluntary pledge outlined today by 17 major pension providers to allocate more funds to UK companies lands shortly before a major review of pensions investments that could mandate such an approach.