Browsing: finance

In more detail Summary of the guiding principles and the six pillar recommended under the guidelines include: Regulatory stance: No separate AI law proposed; existing frameworks…

Key takeaways Scope reduction: Sustainability reporting will apply only to firms with over 1,750 employees and net turnover above €450 million. Due diligence duties will apply…

Labour MPs are absolutely right to reject Wes Streeting’s plan to use private capital to build neighbourhood health centres (Labour MPs urge Reeves to drop private…

Victims of the car loans scandal could miss out on more than £4bn in compensation if the City regulator ploughs ahead with plans for an “insulting”…

Key takeaways MEPs propose that only companies with more than 1,000 employees and over €450 million in annual turnover be required to undertake sustainability reporting.  Firms…

MAS launches PathFin.ai knowledge hub to boost industry literacy and innovation in AI Summary In a speech by Minister Chee Hong Tat, the Monetary Authority of…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Lloyds Banking Group’s profits tumbled almost 40 per…

The data included in these materials are for illustrative purposes only. The BLOOMBERG TERMINAL service and Bloomberg data products (the “Services”) are owned and distributed by…

Millions of people are on track to receive payouts averaging £700 after details of a planned compensation scheme for victims of the UK’s car finance scandal…

Up to 14 million victims of the UK’s car finance scandal look likely to receive compensation payouts averaging £700.The payouts would be less than previously expected,…