- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Neil Hodge2022-12-21T17:00:00
The United Kingdom’s path forward in a post-Brexit world received further clarity Dec. 9 when Chancellor of the Exchequer Jeremy Hunt set out his proposals to make the country’s financial services more competitive by cutting “hundreds of pages of burdensome” European Union regulations.
Hunt’s “Edinburgh Reforms” aim to establish a smarter regulatory framework for the United Kingdom that is agile; less costly; and more responsive to emerging trends, such as harnessing investment in crypto assets.
The plans include a commitment to repealing and replacing Solvency II—the rules governing insurers balance sheets—and changing existing compliance requirements around consumer credit, overhauling the U.K. prospectus regime to make it more attractive for firms to list and raise capital, and improving companies’ access to capital before they publicly list.
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2024-02-23T12:22:00Z By Neil Hodge
Legal experts generally agree the U.K.’s record for prosecuting board-level executives for financial and economic crime could be better. But some believe there is a problem criticizing poor enforcement when the legislation in place has its own shortcomings.
2022-12-27T14:00:00Z By Neil Hodge
Corporate reporting on everything from climate change to workers’ rights is set for a shake-up in the European Union, and companies should use 2023 to prepare for new regulations and stakeholder expectations.
2022-09-28T12:00:00Z By Neil Hodge
The Prudential Regulation Authority and Financial Conduct Authority ending their six-year investigations into former senior managers at HBOS without enforcement serves as reminder of the United Kingdom’s checkered history of bringing executives to book.
2025-04-21T12:00:00Z By Neil Hodge
The United Kingdom’s latest effort to encourage regulators to pare down rules to attract companies and investment as a way to stimulate the economy has received mixed reviews from lawyers.
2025-04-18T14:01:00Z By Aaron Nicodemus
A federal judge has ruled that Google “willfully engaged in a series of anticompetitive acts” in the advertising technology industry, the latest antitrust setback in what could become a string of losses for tech companies.
2025-04-16T12:00:00Z By Ruth Prickett
The U.K. has pressed pause on artificial intelligence regulation as its government comes under twin pressures from those who fear the growing power of unregulated AI and the overriding need to generate growth. The postponement of long-expected legislation means that the U.K. is left sitting on the fence between federal ...
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