June 2009 Archives
Sweden lines up with UK in battle over Europe-wide regulatory reform
Perhaps the UK is not quite so isolated in the debate about the reform of financial services regulation in Europe as first appeared.Sweden, which takes over the European Union presidency next month, is apparently lukewarm about the tough line being...
Posted by David Worsfold on June 16, 2009 11:32 AM | Permalink | Comments (1)
All Party Group has a bright future even if it might look a little different
When meeting people in the industry to talk about the political, policy and regulatory scenes one of the most frequent topics at the moment is the future of the All Party Parliamentary Group on Insurance & Financial Services. There...
Posted by David Worsfold on June 15, 2009 3:25 PM | Permalink | Comments (1)
Equality Bill is starting to look tricky for insurers
The Equality Bill is starting to look rather less straightforward than the insurance industry initially hoped.The Committee stage is now underway. Last week and this week they have been taking evidence from a wide range of organisations, including the Association...
Posted by David Worsfold on June 11, 2009 3:51 PM | Permalink | Comments (1)
Euro elections leave the UK totally isolated on financial services regulatory reform
Amid the chaotic domestic fallout from the European Parliament elections in the UK it would be very easy to lose sight of some of the wider issues that last night's results will influence. Top of my list this morning is...
Posted by David Worsfold on June 8, 2009 8:59 AM | Permalink | Comments (0)
Equality Bill debates will hear exemption plea from insurers
The Equality Bill started its committee stage yesterday: this is where is gets debated clause-by-clause. Nowadays, these committee stages often start with a week of presentations from interested parties and the Equality Bill committee is taking full advantage of that...
Posted by David Worsfold on June 3, 2009 8:25 AM | Permalink | Comments (3)
Financial services regulation: House of Lords backs the global option put forward at G20
As the political chaos unleashed by the MPs' expenses scandal continues to dominate the headlines and totally absorb political leaders of all parties, there are some sharp reminders that life - real life - goes on in the world of...
Posted by David Worsfold on June 2, 2009 9:36 AM | Permalink | Comments (1)
Flood defence spending and Thoresen review get legislative nod from Gordon Brown
The government has been very slow to put any flesh on the bones of the Prime Minister's statement on Building Britain's Future yesterday, in which he set out the draft legislative programme for the session that will start in November...
Posted by David Worsfold on June 30, 2009 9:17 AM | Permalink | Comments (0)
Little progress on Equitable Life but pressure could build up to move the Treasury
The debate on Equitable Life in Westminster Hall yesterday ran along pretty predictable lines with MPs of all parties giving eloquent voice to the raw anger of their constituents over the length of time it is taking to get them...
Posted by David Worsfold on June 25, 2009 2:14 PM | Permalink | Comments (1)
Tomorrow is another big day for Equitable Life as both Parliament and the High Court add to the saga
Tomorrow (Wednesday 24 June) is shaping up to be another significant day in the decade long battle by Equitable Life policyholders to get decent compensation following the insurer's failure.MPs will launch another assault on the government, presumably in the shape...
Posted by David Worsfold on June 23, 2009 10:08 AM | Permalink | Comments (0)
Irresponsible bankers will smile at the global regulatory reform chaos
The last week has seen a flurry of activity around the world on the regulatory front but I have a suspicion that the only people who will be really satisfied are the very people at whom the reforms are...
Posted by David Worsfold on June 22, 2009 9:09 AM | Permalink | Comments (0)
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David has been a financial journalist for 30 years and is currently Group Editorial Services Director at Incisive Media.
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