Wednesday 20 May 2009

Is this the end of Self Regulation in the UK?

As we see rushed emergency changes being made to the rules for MPs expenses claims and various statements being made about an independent body being established to administer their claims etc. Will this intentioned move away from self regulation really happen and can it ever be truly independent?

If it does happen will such scrutiny and the need for independent regulation then move on to other areas of public and business life in this country?

Will the now mobilised UK public opinion continue to roll, and even gather pace?

Or is what we have seen simply a public reaction to yet another media driven feeding frenzy? Will the media now move on to other areas needing 'independent' regulation? Perhaps though we'll just see a return of the normal coverage of celebrity and find out more about the Katie Price/Peter Andre split and their impending divorce?

For me one of the most useful points to come out of the MPs expenses mess is the definition of corruption given on the 'The Big Question' programme last Sunday morning on BBC TV by John Drysdale, Chairman, Transparency International UK. He defined corruption as the abuse of entrusted power for private gain. He also very eloquently linked political corruption to poverty around the world

That seems pretty clear and straightforward to me.

(see link for Transparency International UKs website in 'My Links' section if you are interested...)

What do you think? Which areas of public or business life need attention first?

I'm watching and hoping for a next move...

As usual comments welcome.... Thanks

1 comment:

  1. I think that the definition of corruption highlighted here is both eloquent pertinent. There are many people who are corrupt and not just in public life. Too many people care only for themselves and their personal gain, they abuse both their power and others in many, many ways. Too much in our modern life is 'conceived in greed'... all too often we see that greed has replaced need. What a better world it would be if this were not the case.

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