British regulators will give banks, asset managers, insurers and brokers until mid-2020 to fully comply with rules that replace European Union law in the event of a no-deal Brexit.
The Bank of England and Britain’s Financial Conduct Authority (FCA) on Thursday published a “near final” version of the rulebook that would come into effect if Britain leaves the EU without a transition deal.
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Norway’s giant state investment fund has said it will increase its investment in the UK.
The sovereign wealth fund, which has $1tn (£750bn) to invest from Norway’s oil and gas income, is already one of the biggest investors in UK assets.
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Rolls-Royce slumped to a £2.9bn loss as the cost of fixing faults with its troubled Trent 1000 aircraft engine ballooned to £790m and it was forced to book a series of one-off charges, including costs related to Airbus’s decision to stop making the A380 superjumbo.
British regulators will give banks, asset managers, insurers and brokers until mid-2020 to fully comply with rules that replace European Union law in the event of a no-deal Brexit.
The Bank of England and Britain’s Financial Conduct Authority (FCA) on Thursday published a “near final” version of the rulebook that would come into effect if Britain leaves the EU without a transition deal.
***
Norway’s giant state investment fund has said it will increase its investment in the UK.
The sovereign wealth fund, which has $1tn (£750bn) to invest from Norway’s oil and gas income, is already one of the biggest investors in UK assets.
***
Rolls-Royce slumped to a £2.9bn loss as the cost of fixing faults with its troubled Trent 1000 aircraft engine ballooned to £790m and it was forced to book a series of one-off charges, including costs related to Airbus’s decision to stop making the A380 superjumbo.
Professor Collins Ntim | Southampton Business School
Business leaders need to be both economically and socially responsible, says Collins Ntim, professor of accounting and deputy head of school, Southampton Business School, University of Southampton.
Modulr CEO Myles Stephenson and Seamus Smith, executive vice president of worldwide payments and banking for Sage, on why now is the time to embrace digitisation.
The needs of a business must be at the heart of deciding which cloud-based option is most suitable, says Andrew Norris, UK & EMEA commercial head at consultancy Inoapps.
Robots are deriving efficiency at banks, says Bruno Ferreira, managing director UK & Ireland of UiPath, a software consultancy specialising in robotic process automation (RPA).
