Regulation

MED officials pushed for extension of QFE rules

Wednesday 30th of June 2010

In advice to Parliament's Commerce Committee, MED officials supported the proposed extensions to the QFE regime to accommodate firms that operate as related entities, saying the original model was "too inflexible to accommodate certain legitimate business models." Still, the officials said the regulator would need adequate supervision powers.

The Committee ratified the decision when it m...

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