Statement from AIG after the departure of Mark Lyons; American International Group (NYSE: AIG) today announced that it terminated Mark Lyons from his position as AIG’s Interim Chief Financial Officer and Executive Vice President, Global […]
In a statement of objections issued recently, the Financial Conduct Authority (FCA) alleges that Dollar East (International Travel & Money Transfer) Ltd, Hafiz Bros Travel & Money Transfer Limited, and LCC Trans-Sending Limited (including its […]
The latest update from the FCA; The FCA is proposing to update guidance, introduced during the Covid-19 pandemic, to support insurance customers in financial difficulty. As part of the FCA’s ongoing work to help protect […]
Latest thoughts from the FCA on increasing levels of compensation for mis-selling in the past. The Financial Conduct Authority (FCA) has published the feedback it received to its call for input on the framework for […]
The news from Ping An is good as regards profits and growth, here are some extracts from their press release; Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An“, the “Company” or the […]
The Financial Services and Markets Bill, which was published yesterday, has been welcomed by the British Insurance Brokers’ Association (BIBA) but the trade association has called for assurances over the Financial Conduct Authority’s (FCA) consideration of the growth […]
The long awaited Financial Services & Markets Bill was officially announced in Parliament today. Here’s the word from HM Govt, plus comment from LIIBA and LMG below; Legislation to enhance the competitiveness of the UK […]
Lindsay Lucas, Managing Director, Software Solved takes a look at digital transformation. The financial sector has become increasingly complex given changing market dynamics. New competitors, disruptive technologies and shifting consumer expectations all point to industry […]
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