The Bank of Russia has introduced a new Code of Responsible Investment aimed at banks, insurers, management companies, non-governmental pension funds, and other institutional investors dealing with equity instruments.
The process for regulatory approval of Lloyd's managing agents is set to become more efficient following an agreement between the Prudential Regulation Authority (PRA), Financial Conduct Authority (FCA), and the Society of Lloyd’s. The changes aim...
The Artificial Intelligence Consortium (AIC) held its inaugural meeting in May 2025, focusing on the role of artificial intelligence in UK financial services.
From September 1, 2025, banks and microfinance organizations will be restricted from imposing fees, penalties, or fines on the outstanding loans of deceased borrowers during the inheritance process.