Insurers offering PI insurance are constantly having to "second guess" where the next regulatory action will come from following actions against Arch Cru and Keydata.
Mervyn King, governor of the Bank of England, and Andrew Bailey, chief executive designate of the Prudential Regulatory Authority are at Parliament today giving evidence to the Parliamentary Commission on Banking Standards.
Former president of the Association of Tax Technicians Andrew Meeson and fellow company director Peter Bradley have been jailed for eight and half years for tax fraud.
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