📰 News Alert:

🔖 Title: Bank of England plans to ease ‘burden’ on lenders as regulations eased

🗓️ Published: Wed, 08 Jan 2025 14:35:40 GMT

📄 Summary: Bank of England is easing regulations post-financial crisis, cutting reporting burden on UK banks and allowing insurers riskier investments without prior approval. Deputy Governor Sam Woods suggests some rules may have been "overcooked", leading to harm in the financial sector. #BankingRegulations #FinancialSector

🔗 https://www.theguardian.com/business/2025/jan/08/bank-of-england-plans-to-let-insurers-make-riskier-investments-as-regulations-eased

🗞️ Source: Business | The Guardian

#bitcoin #crypto #news