Tag: UK government

UK data bill sets stage for open finance growth

The UK Government has taken a significant step towards broadening the scope of open banking with the passage of the Data (Use and Access)...

UK carbon credit boom could fuel £1bn in tax and 135,000...

The UK’s carbon credit industry has the potential to become a key pillar of the country’s economy, with a new report suggesting it could support 135,000 skilled jobs and generate £1bn in tax revenue by 2035.

UK government proposes critical regulations for ESG ratings

The UK government has announced plans to regulate ESG ratings providers as part of its strategy to enhance transparency and maintain robust oversight in...

UK government takes steps to combat late payments to small businesses

The UK government has announced a package to support small businesses and the self-employed by addressing the persistent issue of late payments.

Napier AI’s call for smarter CDD practices in HM Treasury’s latest...

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...

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.

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