Total recall

John Greenway did not slip away quietly after almost two decades as chair of the All Party Parliamentary Insurance and Financial Services Committee. The departing Conservative MP for Ryedale set Labour policy and the FSA firmly in his sights as he let fly with both barrels. In particular, Greenway attacked the regulation of financial services, explaining his belief that a complete overhaul is necessary. He argues the regulator’s reputation has been indelibly stained, along with that of the banking sector. “The FSA has to be reformed in one way or another,” he says. “There needs to be ...