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David Worsfold.

The 150-page Financial Services and Markets Bill leaves many issues unresolved, not least the gap left by the scrapping of the Policyholders Protection Board.

Well, that will teach me to tempt fate!


As I warned last month, predicting a long delay in the publication of the
government's legislative proposals for reform of financial services
regulation was a sure-fire recipe for ensuring that the Treasury would
suddenly spring into life. No sooner had the August issue of Professional
Broking landed on people's desks than the Financial Services and Markets
Bill arrived with a mighty thump alongside it.


The 150-page bill contains few surprises, although it

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