Via ConservativeHome’s Platform: Steve Baker MP: Accounting has never been so exciting: There is a growing awareness that one of the main contributors – if not the main contributor – to the severity of the financial crisis was the system of accounting rules under which UK banks continue to operate. […]
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A Bill to expose banks’ false profits, overstated capital and hidden losses
My Financial Services (Regulation of Derivatives) Bill has now been printed, ready for second reading on 10 June. You can obtain the PDF here and track the Bill’s progress here. The press release, including links to background evidence and press coverage, is here. When I introduced my Bill on 15 March, I […]
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