A parliamentary report into the Equitable Life case has been delayed again
and is now unlikely to appear before October.
The Parliamentary Ombudsman Ann Abraham has been investigating accusations of
regulatory failure leading to the near collapse of the mutual insurer. She has
written to MPs warning them of the new delay, The Guardian reports today.
A government demand for more time to respond to the report’s findings has
been blamed by campaigners for the delay. The Equitable Members Action Group
(Emag) claimed there is evidence yet to emerge which will be embarrassing to the
A special European committee of inquiry is to investigate the role of the
Financial Services authority in the debacle.
Partner at Pinsent Masons says Serious Fraud Office has secured 'one of the top ten enforcement actions of all time'
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
Drastically fewer offices for HMRC in the hope to reduce their running costs
An 80% increase in additional revenue for HMRC coincides with a crackdown on income tax avoidance