‘Light-touch’ insurance regime damned

Author (Person)
Series Title
Series Details 31.3.07
Publication Date 31/03/2007
Content Type

Light-touch regulation could undermine the rapid expansion of a pan-European financial services market by leaving consumers unprotected, a damning report from the European Parliament issued 30 March 2007 said.

Related Links
European Parliament: Activities: Parliamentary business: Committees: Crisis of the Equitable Life Assurance Society http://www.europarl.europa.eu/activities/expert/committees/presentation.do?committee=2074&language=EN
European Parliament: Info, 11.4.07: Equitable Life: UK government urged to set up compensation scheme for victims http://www.europarl.europa.eu/news/expert/infopress_page/021-5107-101-04-15-902-20070410IPR05074-11-04-2007-2007-false/default_en.htm
BBC News, 9.5.07: UK attacked over savings scandal http://news.bbc.co.uk/1/hi/world/europe/6636895.stm
European Parliament: Info, 8.5.07: EP Equitable Life inquiry: final report urges compensation for victims and improvements to EU lawmaking http://www.europarl.europa.eu/news/expert/infopress_page/021-6371-128-05-19-902-20070507IPR06357-08-05-2007-2007-false/default_en.htm

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