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To illustrate the risks being run the regulator set out the exposure to commercial property, which was 52%, or £44bn of the corporate loan book at the start of 2006 and had risen to 56% by the end of 2008.
On Wednesday, the City regulator set out the terms of its inquiry into the sector, which includes £2.1tn of pension fund investments and £1.2tn of retail investment products, such as personal pensions and Isas.
The regulator set out five key issues: A need for unprecedented levels of investment over many years in difficult financial conditions and against a background of increased risk and uncertainty.
* * * Generous credit and debit card rewards schemes took a step closer to disappearing yesterday as the Payment Systems Regulator set out rules for the new cap on fees plastic card companies can charge retailers.
Generous credit and debit card rewards schemes took a step closer to disappearing today as the Payment Systems Regulator set out how the new cap on fees plastic card companies can charge retailers will be policed.
But on October 31st, David Norgrove, chairman of the Pensions Regulator, set out proposals that will involve a cash call double that amount to get rid of company pension-fund shortfalls over the next ten years, and there was no great fuss.
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However, in the latest letter – ORR's turn in what one industry leader calls "the desperate rounds of arse-covering" – the regulator sets out how it has raised concerns since July 2014.
Ipswich Hospital has 28 days to respond to the regulator setting out the actions they will take.
In his letter Tomlinson says Ipso does not meet the standards for a self-regulator set out in the charter.
In giving permission for specific health claims to be made about these products, regulators set out quite detailed instructions about the size of packaging and written information to be included alongside any images or branding.
Flydubai said it adhered to "all regulations set out by the regulator" and that the company had developed a "no blame" culture so pilots could raise concerns without fear of reprisals.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com