Insurance and mortgage regulation coming your way

Article Abstract:

A brief review of the contents and requirements of mortgage regulation that will start on 31st October 2004 and the regulation of insurance from 14th January 2005 is presented. It is proposed that firms, which agree or disagree with a specific recommendation made by an authorized firm or advice on a variation of a contract will need a license from the institute under the Designated Professional Body (DPB) arrangements.

Other Justice, Public Order, and Safety Activities, Insurance Regulation, State Safety NEC, Insurance law

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Opportunities and threats

Article Abstract:

The transition to the International Financial Reporting Standards (IFRS) is discussed. The corporate treasuries are struggling to ensure the requirements of the financial instrument standards, International Accounting Standards (IAS-32) and IAS 39 with limited staffing levels, new information technology (IT) systems and updated treasury policies and procedures.

Reporting & Disclosure, Financial Regulation & Reporting, Analysis, Accounting, Financial statements, Accounting law, Financial disclosure

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Free-market mortgages: don't ignore the hazards

Article Abstract:

A suggestion that the government should impose strict lending criteria on free-market mortgages to control inflation is presented.

Economic aspects, Inflation (Finance), Control, Inflation (Economics), Viewpoint essay

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