Tag: UK government

Napier AI has responded to a consultation from HM Treasury, the UK government's economic and finance ministry, on enhancing the effectiveness of the Money...

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...

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. 

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

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

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.

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

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

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.

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.