News and communications

Economic Secretary to the Treasury Bim Afolami delivers keynote speech at UK Finance at Bright Blue event in partnership with Virgin Money

• Updated: 17 May 2024

The UK and the Association of Southeast Asian Nations (ASEAN) have agreed to work in partnership on some key issues shaping the financial services sector.

• Updated: 18 April 2024

Public sector organisations are reminded to ensure accounts will be IFRS 17 compliant when accounting for insurance contracts, from this financial year onwards.

• Updated: 11 April 2024

The Economic Secretary to the Treasury Bim Afolami has appointed Bryan Zhang to the board of the Financial Conduct Authority (FCA).

• Updated: 15 February 2024

The three external members have been reappointed by the Economic Secretary to the Treasury.

• Updated: 11 January 2024

Rachel Kent will succeed Amerdeep Somal as the Financial Regulators Complaints Commissioner, serving a five-year term starting on 1 January 2024.

• Updated: 18 December 2023

Economic Secretary to the Treasury Bim Afolami is today announcing further changes to financial services as he marks the anniversary of the Edinburgh Reforms.

• Updated: 8 December 2023

CMA finds that 3XD Limited breached Article 10 of the Payment Protection Insurance Market Investigation Order 2011 by charging an administration fee to policyholders. 3XD Limited has refunded all policyholders.

• Updated: 29 November 2023

The Chancellor has announced a £320 million plan to drive innovation and unlock the first tranche of investment from his Mansion House Reforms.

• Updated: 21 November 2023

Bank scores reveal what’s out there for customers and holds providers to account during time of financial pressure

• Updated: 15 August 2023

CMA finds breaches of Part 3 and Article 56 of the Retail Banking Market Investigation Order 2017 and the Co-operative Bank has agreed to take action to prevent a recurrence.

• Updated: 15 August 2023

CMA finds breaches of Part 3 and Part 8 of the Retail Banking Market Investigation Order 2017 and NatWest has agreed to take action to prevent a recurrence.

• Updated: 15 August 2023

Richard Moriarty has been announced as the new CEO of the Financial Reporting Council today (31 July).

• Updated: 31 July 2023

CMA finds breaches of Part 5 of the Retail Banking Market Investigation Order 2017 and HSBC has agreed to take action to prevent a recurrence.

• Updated: 25 July 2023

CMA finds breaches of Part 5 of the Retail Banking Market Investigation Order 2017 and TSB has agreed to take action to prevent a recurrence.

• Updated: 25 July 2023

CMA finds breaches of Part 5 of the Retail Banking Market Investigation Order 2017 and Nationwide has agreed to take action to prevent a recurrence.

• Updated: 25 July 2023

The new agreement will simplify import and export process between the UK and Chile, improving the business environment between the two countries as members of the bloc.

• Updated: 17 July 2023

Jeremy Hunt, Chancellor of the Exchequer, will sign an agreement on financial services cooperation

• Updated: 27 June 2023

NatWest is a step closer to being returned to full private ownership as the government sells c. £1.26billion in shares back to NatWest via a Directed Buyback. 

• Updated: 22 May 2023

Letter from the Secretary of State for Levelling Up, Housing and Communities to the Chief Executive of the British Insurance Brokers’ Association (BIBA).

• Updated: 21 April 2023