Many thanks to the UK’s Association of British Insurers
In a letter in today's Financial Times, Peter Vipond, the ABI's Director of Financial Regulation, makes clear the concerns of the ABI over "the increased politicisation of the accounting standard-setting process". http://www.ft.com/cms/s/0/b8d160b8-dd4e-11de-ad60-00144feabdc0.html As Mr Vipond says "It is unhelpful that pressure from within the EU has stalled the endorsement process. This confusion helps nobody in the end."
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November 30th, 2009
