Insurance Post Print this page
While many insurers have committed, through the Association of British Insurers, not to deduct money received under the Local Authority Grant, the Small Business Grant and the Leisure/Retail
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Pay countries to look after their rainforest and charge rent for fishing, says Treasury report
National wealth should also be measured based on the value of nature, the Dasgupta review argues
2 February 2021 • 12:01am
Smoke rises from an illegally lit fire in Amazon rainforest reserve last summer
Credit: CARL DE SOUZA /AFP
Countries should be paid for preserving rainforests, according to a major Treasury review backed by Sir David Attenborough and the Prince of Wales.
The final report of the Dasgupta Review, commissioned in 2019, argues that focus on GDP is damaging the environment and the value of nature should be measured as a national asset.
Risk.net
Champion of competition in derivatives clearing may throw in the towel Print this page
For years, the UK was the champion of European Union market regulations designed to foster greater competition in clearing services. Once the UK left the EU, enthusiasm for the project among the remaining 27 members dwindled. Now, the UK Treasury may decide to walk away from the so-called open access rules as well.
“We supported open access for ETDs [exchange-traded derivatives] when the regime was being negotiated in the EU because we believed it would provide EU-wide competition benefits,”
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