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Taking responsibility for responsible lending
 By
Andy Love MP
Living
without credit is unimaginable in today’s society.
The opportunities open to consumers are endless, offering
a bewildering range of special offers and attractive interest
rate deals. And they have been taken up. In July, the Bank
of England reported that consumers owed a record £1,000bn
on all forms of debt...
Full article
Seeking Work-Life Balance: On a journey from Wobbly to
Wembley
 By
Peter Barnett, UnumProvident
I
can’t wait for the new Wembley stadium to open for
business, because I’m sure that once it does all the
unfortunate issues surrounding its construction will be forgotten.
And crowning it will be the wonderful 133 metre tall arch – the
longest single roof structure in the world...
Full article
The Camel, The Needle, The Rich Man And The Kingdom Of
Private Equity
 As
the light of public scrutiny starts to shine on the world
of private equity, I am sure that many of you are watching
closely, and wondering what exactly is going on behind the
scenes. The pro and cons of the private equity debate itself
have been hashed out many times already, but the circumstances
in which it is being framed are particularly interesting...
Full article
If I were Scottish Financial Enterprise…
 If
I were Scottish Financial Enterprise, I would host a major
European financial services summit or working party meeting.
The opportunity to host representatives from CESR, CEBS,
European Commission, and the international financial services
community would be an honour for Scotland and a tribute to
its strong financial services heritage...
Full article
Hedge fund legislation in the EU: case closed?
 The
debate over the regulation of hedge funds has increasingly
divided opinion over recent weeks, with high profile figures
from around the financial services world setting out their
respective stalls on the issue. The increasing number of
comments is a reflection of the rapid, unregulated growth
of the industry...
Full article
Retention of training and competence ‘rules’ welcome
but more clarity needed
 After
months of discussions and deliberations, the FSA proposals
for reforming industry training and competence standards
are a victory for common sense. The consultation paper (CP07/04)
heralds a definite shift in the direction of more principles-based
regulation, in confirming that the examination requirements
for wholesale firms would be axed in line with previous consultation;
in a move which is likely to be broadly supported by the
industry the FSA will instead apply a high-level competence
requirement in SYSC to wholesale businesses...
Full article
Conservatism and conservationism:
How big business and the climate change agenda can co-exist
 Since
becoming Conservative Party leader in December 2005, David
Cameron has gone to great lengths to stress his ‘green’ credentials.
He has attracted considerable attention to his efforts – though
not always for the right reasons. He has undoubtedly shifted
the debate within the Conservative Party on tackling climate
change and promoting environmentally responsible behaviour...
Full article |
