Tag: UK government

African InsurTech deal activity sees slight uptick in 2023, contrary to...

Key African InsurTech investment stats in 2023: • African InsurTech companies raised a combined $30.4m in 2023, a 53% reduction from 2022 • African InsurTech deal...

The rise of money mules in UK fraud: Prevention and detection

Fraud in the UK has become a significant concern, with 40% of crimes being fraudulent. Money muling is at the forefront, where fraudsters utilise synthetic or real mule accounts for financial gain. The UK government, recognizing the seriousness, plans to publish an action plan to combat this issue. 

UK government set date for consult on new captive insurance regs

The UK government has revealed that they are set to consult on the introduction of a regime for captive insurance companies in spring 2024.

Global ESG Reporting Revolution: ISSB Standards Setting the New Benchmark

The international sustainability reporting landscape has evolved rapidly in recent weeks, propelled by the IFRS Foundation’s ISSB Standards.

UK’s red tape cut: A bold step for post-Brexit growth and...

The UK Government is diving headfirst into a comprehensive review of all regulators within its jurisdiction. Their goal? To eliminate unnecessary bureaucratic obstacles, making the most of the liberties afforded post-Brexit.

UK government advances towards Open Banking payments for public services

The UK Government has revealed its plans to delve into the use of open banking to foster digital payments across various public services.

Unlocking growth: UK government taps pension funds for £50bn SME boost

UK Chancellor Jeremy Hunt will unlock approximately £50bn from pension funds for investment into high-growth firms.

PIMFA advocates for a refresh of the UK’s retail investment market

PIMFA, a significant voice in the WealthTech industry, is urging the UK Government to leverage a 'generational' opportunity to invigorate the UK retail investment market. This call to action comes six months after the introduction of the significant Edinburgh Reforms.

Driving green finance: Ashman Bank scoops £200k grant for decarbonisation innovation

Ashman Bank, an ambitious new entrant in the banking industry, led by a team of passionate entrepreneurs and experienced bankers, has been awarded a substantial grant of £200,000.

UK government invests £18.9m in Northern Ireland’s cyber industry

The UK government has announced an £18.9m investment in Northern Ireland’s cybersecurity industry.

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