How could the ministers responsible for the Financial Services Act have failed to see the implications of keeping such information from the market? The Stock Exchange is now insisting that the Treasury finds a way of looking at the whole thing in more detail and publishes the results.
Plainly an inquiry by the officials and ministers involved is not good enough.This is a case that merits rigorous and independent scrutiny. But for Crown immunity, it appears, the SFA would have conducted one. Since the relevant regulatory authorities feel unable to act, it is imperative that ministers themselves set up an adequate independent inquiry.Reuse content