Sam Tabahriti

Cybersecurity Firm Launches Legal Expenses Insurance

Insured losses from natural catastrophes are projected to pass $135 billion this year, marking the fifth consecutive year in which the total exceeded $100 billion, according to a report by the Swiss Re Institute.

The U.K. government said Thursday that a new financial inclusion committee has been set up to tackle the barriers that millions of vulnerable people face in getting access to banking, affordable credit and opportunities to save.

The National Crime Agency said Wednesday that it has dismantled two Russian money laundering networks tied to drugs, ransomware and espionage in an international operation with the United States, France and Ireland.

The number of new mortgages that extend into borrowers' retirement has grown, with 40% of loans issued in the second quarter of 2024 set to run beyond pension age, according to recent data from the Bank of England.

U.K. financial firms are struggling to keep pace with the adoption of generative artificial intelligence due to gaps in workforce training and regulatory readiness, according to EY's second survey on the technology in financial services.

Customers of a self-invested personal pension operator can now file compensation claims through the Financial Services Compensation Scheme following the company's administration and liquidation earlier this year.

Customers of a self-invested personal pension operator can now file compensation claims through the Financial Services Compensation Scheme following the company's administration and liquidation earlier this year.

A former competition partner at Hausfeld LLP was tapped to become the next solicitor general in a surprise appointment late Monday as the outgoing senior law officer joins the U.K.'s justice ministry just months into the job.

The Bar Standards Board has said it will implement a new organizational structure from Sunday as it moves ahead with a reform program to improve regulation focused on consumers, operational efficiency and accountability of employees.