MYNERS: BANK BOFFINS CAN’T REPLACE THE FSA July 22, 2009 CITY minister Lord Myners yesterday launched a scathing attack on Tory plans to transfer huge regulatory powers to the Bank of England, claiming the central bank neither wants nor has the right skills for the job. “They have misjudged the competence and culture of the Bank of England. The Bank is a very academic institution. [...]
Haddrill seizes FRC opportunity May 20, 2009 Former civil servant Stephen Haddrill is leaving trade body the Association of British Insurers (ABI) to succeed Paul Boyle as chief executive of the Financial Reporting Council (FRC), the regulator for accounting and corporate governance. The ABI said it has begun the search for a new director-general.