You can use the search function to find a range of UK Finance material, from consultation responses to thought leadership to blogs, or to find content on a range of topics from Capital Markets & Wholesale to Payments & Innovation.
RISKS TO EQUIVALENCE IN BREXIT TALKS
A framework to enable changes to Britain's banking rules without the risk of confrontation with the EU is key to a collaborative future with the trading bloc, Andrew Bailey has said (The Times, £, p36). Mr Bailey, who is set to replace Mark Carney as governor of the Bank of England on 16 March, warned of the fragility of equivalence with the EU as Brussels can decide to withdraw market access with 30 days? notice. Speaking to the House of Lords, Mr Bailey set out a vision in which regulation encourages innovation and the UK flourishes by engaging with the global market (Daily Telegraph, £, B1).
GENDER DIVERSITY IN KEY ROLES
Race must be a key feature in the fight for gender diversity, a senior figure at the Bank of England has said. Lea Paterson, executive director of human resources at the bank, argues that gender diversity risks becoming ?narrowed? as the majority of women in top positions are still white and middle-class (The Times, £, p36).
Meanwhile, prime minister Boris Johnson has committed to maintaining the number of women in senior cabinet positions during the cabinet reshuffle today, while extending the number of females in junior positions (Financial Times, £, p2).
NEWS IN BRIEF
A survey by the Royal Institute for Chartered Surveyors has found growing optimism in the housing market in the months following the general election (The Times, p36). However, separate figures from UK Finance showed a 17 per cent rise in the number of homes repossessed by mortgage lenders (BBC).
Officials have confirmed to the Financial Times that talks are under way for COP26 to move to London from Glasgow due to fears over spiralling costs (£, p2).
Steven Maijoor, chair of the European Securities and Markets Authority (ESMA), has called for greater supervision of environmental, social and governance (ESG) ratings agencies, to help crack down on ?greenwashing? (Reuters).
Factory output in the Eurozone has dropped to 2.1 per cent - the worst since the sovereign debt crisis in 2012 (Financial Times, £, p4).
WHAT THE COMMENTATORS SAY
Writing in today's Times (£, p37), chief leader writer Simon Nixon looks at how the climate change ?bubble? can be effectively managed. Requiring funding from private investors rather than the taxpayer, Mr Nixon sees promise in the profitability of new technologies designed to tackle climate change. To conclude, Mr Nixon warns of the damage that can occur when large amounts of misallocated capital have to be written off, often taking years to repair.
LATEST BLOGS
Marcus Martinez, Director, Head of Open Banking at CGI blogs on how Open Banking needs to consider 'hyper-casual' customers.
LATEST VIDEOS
Our CEO Stephen Jones provides a snapshot summary of yesterday's successful UK Finance Economic Crime Congress.
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