The Financial Conduct Authority has said LIBOR is likely to end by 2021 and has urged markets to begin transitioning to alternative benchmarks.
Speaking at Bloomberg today, the watchdog's chief executive Andrew Bailey said the regulator had worked hard to maintain and improve the London Interbank Offered Rate (LIBOR) - the rate used for benchmarking...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.