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Knocking on reform's door

Any hope auditors had of legal reform to allow them to cap their liability was scuppered by the Department of Trade and Industry last week. Nicholas Heaton explains, however, that the door to reform could be reopened in the future

Last week, the Department of Trade and Industry ruled out reforming the law relating to auditors' liability in the Companies Bill, now being considered by the House of Commons. The law, contained in

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Big Interview: Shoib Khan, Prudential Regulation Authority

As the Prudential Regulation Authority kicks off its first dynamic stress test for general insurance today (5 May), the watchdog’s director of insurance supervision Shoib Khan speaks exclusively to Insurance Post about how it is checking the way insurers cope under pressure.

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