EU's Equitable Life review extended

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A three-month extension has been granted to the EU Committee investigating the collapse of Equitable Life.

At the start of the first Committee meeting of 2007, Chairwoman Mairead McGuinness, an Irish MEP, announced the President of the European Parliament had accepted the request for an extension which was made on 21 December 2006. The Committee made up of 22 MEPs from across the EU was originally meant to have delivered its report on the EU-related aspects of the collapse of the life company to the European Parliament this month. However, in June last year it asked for a three-month extension to allow the Committee to take into account the findings of the UK Parliamentary Ombudsman’s repo...

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