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United Kingdom

Huw Jones

Britain's 'Big Four' accounting firms face major overhaul

2:03pm GMT

LONDON Britain's "Big Four" accounting firms face a radical shake-up from proposals to reduce their hold on the market for auditing companies' books, which would also force them to separate their audit and advisory businesses.

Bank of England shines a light on banks' death throes

1:33pm GMT

LONDON, Dec 18 Britain's top banks will have to show the public how they could be closed down without a taxpayer bailout if they got into serious trouble, the Bank of England (BoE) said on Tuesday.

UK markets watchdog overhauls bank overdraft charges

12:17pm GMT

LONDON Banks will be banned from charging higher fees to 14 million people with unarranged overdrafts from the end of 2019, Britain's financial watchdog proposed on Tuesday, in what it called a radical move that could limit availability of free banking.

RPT-Britain needs new watchdog to shake up 'Big Four' accountants

7:48am GMT

LONDON, Dec 18 Britain needs a new watchdog to shake up the country's "Big Four" accounting firms and reduce their dominance of the market for auditing companies' books, two government-requested reports said on Tuesday.

Britain needs new watchdog to shake up 'Big Four' accountants

12:01am GMT

LONDON, Dec 18 Britain needs a new watchdog to shake up the country's "Big Four" accounting firms and reduce their dominance of the market for auditing companies' books, two government-requested reports said on Tuesday.

Regulators need joined up thinking to spot derivatives risks: BIS

16 Dec 2018

LONDON Regulators should scrutinize clearing houses and banks together to spot financial stability threats from the world's multi-trillion dollar derivatives market, the Bank for International Settlements said on Sunday.

Regulators need joined up thinking to spot derivatives risks - BIS

16 Dec 2018

LONDON Regulators should scrutinise clearing houses and banks together to spot financial stability threats from the world's multi-trillion dollar derivatives market, the Bank for International Settlements said on Sunday.

EU banking watchdog says no-deal Brexit could disrupt payments

14 Dec 2018

LONDON Although the main banks have stepped up preparations for a potential no-deal Brexit, UK-based payment firms used by European Union customers are not ready, the bloc's banking watchdog said on Friday.

EU banking watchdog says no-deal Brexit could disrupt payments

14 Dec 2018

LONDON, Dec 14 Although the main banks have stepped up preparations for a potential no-deal Brexit, UK-based payment firms used by European Union customers are not ready, the bloc's banking watchdog said on Friday.

Basel proposes crack down on banks inflating capital measure

13 Dec 2018

LONDON Large banks should make more detailed calculations for their leverage ratio from January 2022 to avoid giving investors misleading impressions about their core health, global regulators proposed on Thursday.

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