The influential all
Treasury committee has criticised the UK’s chief financial watchdog, the
Financial Services Authority, for not making its rulings on financial
Committee chairman John
McFall MP has written to FSA chairman Sir Callum McCarthy complaining about
The committee said the FSA should copy the policy of
the Advertising Standards Authority (ASA),
which makes its findings public.
In its defence, a spokesperson for the FSA told the BBC that it pursued
hundreds of complaints every year about misleading adverts, and ‘can’t just
issue a formal censure of a firm’.
By comparison, the ASA publishes its rulings on its web site and the more
interesting ones are regularly reported by newspapers and broadcasters.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements