Re: Home Payments Ltd. Payments Agency Closed - Great Stress for Clients
There should never be an organisation like this operating outside regulatory control. In fact thinking about the duties ascribed to the Financial Regulator's office which is now a constituent office of the Central Bank I think a case could be made that the FR has and had a duty to regulate that company.
The fact that it didn't regulate it may actually be a legal factor in forcing the government to intervene.
There is more of a case here for government intervention than there ever was for propping up Anglo Irish bank.
Think National. Act Local. Oh- and superstition is just the dark matter of human history.