Financial Services Financial Services

Disliked insurance reforms won’t be achieved by regulator through stealth, BOE’s Woods says

By Fiona Maxwell
  • 21 Feb 2023 10:01
  • 21 Feb 2023 10:01
A fight over insurance capital reforms will not result in the UK regulator seeking to impose tougher requirements by the backdoor, chief prudential regulator Sam Woods said.
The Prudential Regulation Authority, the Bank of England's prudential arm, will not use additional tools granted to it by the government to tighten

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Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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