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Topic: Miscellaneous
Number of pages / Number of words: 14 / 3734
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(BBC News, 2002)

Findings of the McDowell Report

The Government considered carefully the systemic failures identified by McDowell’s report and the actions needed by the Government to strengthen legislation, regulation and enforcement to prevent the recurrence of such practices and to maximise the ability to discover them quickly and bring the participants speedily to justice...


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This identified further strengthening of the legislative and regulatory framework that must be required in the light of the inspector's findings.

The Ansbacher, Elan, NIB and other tax evasion schemes that came to light clearly indicated significant regulatory failures on the part of a number of statutory authorities...


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