News Centre

Innovation And Resilience In The BPA Sector – Speech By Gareth Truran, Bank Of England Executive Director, Insurance Supervision, Given At 23rd Westminster And City Annual Bulk Annuities Conference

Date 29/04/2026

Gareth Truran sets out how growth and innovation are shaping the UK bulk annuity market, the investment strategies of insurers, and the sector's emerging risks. He explains how the PRA is responding, including through a new consultation on funded reinsurance, and outlines expectations for firms and the market to support resilience, transparency and policyholder protection.

ESAs Spring Risk Update Highlights Geopolitical Pressures And Rising Private Finance Risks

Date 29/04/2026

The European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) today published their spring 2026 Joint Committee update on risks and vulnerabilities in the EU financial system. The update focuses on the challenges arising from ongoing geopolitical tensions and developments in private finance.

UK Financial Conduct Authority Reviewing Whether APRs Support Consumers’ Choices

Date 29/04/2026

The FCA is reviewing whether Annual Percentage Rates (APRs) help consumers understand borrowing costs and is seeking views on whether it should change how these are communicated in credit advertising.

Announcement Of The Formation Of The Approved Reporting Mechanism Association (TARMA)

Date 29/04/2026

A group of ESMA and FCA supervised ARM service providers has launched The Approved Reporting Mechanism Association (TARMA), a new industry body created to represent the interests of ARMs across the UK and Europe.

CLS Welcomes BNY To CLSNet Service

Date 29/04/2026

CLS, a financial market infrastructure group delivering settlement, processing and data solutions across the global FX ecosystem, announced today that BNY, (NYSE: BK) a global financial services company, has gone live on CLSNet, its automated bilateral payment netting calculation service.

FSB Finalises Guidance On Insurers Subject To Recovery And Resolution Planning

Date 29/04/2026

• FSB publishes final guidance for authorities to assess which insurers should be subject to recovery and resolution planning (RRP) requirements.
• The guidance outlines key criteria to consider when assessing individual insurers and specifies circumstances when RRP requirements should apply.
• The guidance may help authorities in determining which insurers they should report to the FSB’s list of insurers subject to resolution planning standards consistent with the Key Attributes.

WFE Says Innovation And Investor Protection Reinforce Each Other In Financial Markets

Date 29/04/2026

The World Federation of Exchanges (WFE), the global industry association for exchanges and clearing houses, has today published a paper examining how innovation has developed within well-regulated financial markets.

Women On The Rise Among CISI Award Winners, Reaching 42% In 2026

Date 29/04/2026

Students of finance from 21 countries celebrated their exam success, along with their families, friends and colleagues, during the Chartered Institute for Securities & Investment (CISI) annual awards ceremony at Mansion House, London on 28 April 2026.

MNI Indicators: MNI China Money Market Index™ – April Conditions Steady

Date 29/04/2026

Key Points – April Report

Ample interbank liquidity will keep Chinese money market rates low over the next month, reducing the need for central bank interest rate cuts, and further push down long-end government bond yields, with traders seeing limited impact on the economy from the Middle East energy shock, MNI’s China Money Market Index indicated on Wednesday.

GlobalData Announces Top M&A Financial And Legal Advisers In Oil & Gas Sector During Q1 2026

Date 29/04/2026

GlobalData has announced the latest Financial and Legal Adviser League Tables, in terms of the total value and volume of merger and acquisition (M&A) deals they advised on in the oil & gas sector during Q1 2026.