Mark Hoban News
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A U.K. government plan forcing the unemployed to work for free by threatening to halt benefit payments is illegal, an appeals court ruled.
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The Bank of England will assume broad powers over U.K. financial regulation, including oversight of systemic risk and clearinghouses, under proposals laid out by U.K. Treasury Minister Mark Hoban .
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The case for tougher regulation of dark pools is “often exaggerated,” U.K. Treasury minister Mark Hoban said as the European Commission readies an overhaul of market rules.
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European proposals to model financial rules for pensions on those established for insurers could stymie investment and make the plans more expensive, according to Mark Hoban, the U.K.’s financial secretary.
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U.K. jobless claims unexpectedly fell in November and a wider measure of unemployment dropped the most in 11 years, underlining the resilience of the labor market in the face of a weak recovery.
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Over-the-counter derivatives, traded off exchange, perform important functions for the economy and for the people who trade them, U.K. Treasury Minister Mark Hoban will say in a speech in Istanbul today.
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U.K. Treasury minister Mark Hoban suggested he is skeptical about returning state-owned mortgage bank Northern Rock Plc to its status as a mutual society owned by its customers.
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Treasury Minister Mark Hoban said he will tighten rules governing Britain’s mortgage market to provide greater protection for consumers.
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European antitrust regulators must avoid “political interference” as they rule on a proposed merger between Germany’s Deutsche Boerse AG and NYSE Euronext, U.K. Treasury Minister Mark Hoban said in the text of a speech.
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Treasury Minister Mark Hoban said he will consult the insurance industry on changing U.K. law to comply with a European Union court ruling that stops insurers from taking people’s gender into consideration.
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