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Ministers should be banned from political lobbying for up to five years after leaving office, the anti-corruption watchdog has recommended.

The Committee on Standards in Public Life has published its interim review of lobbying guidelines in the wake of the Greensill affair involving David Cameron.

A number of inquiries have been launched after it was revealed that the former prime minister texted Chancellor Rishi Sunak on behalf of Greensill Capital, a finance firm which employed him as a lobbyist.

Mr Cameron also sent WhatsApp messages to Health Secretary Matt Hancock and other ministers over getting Greensill access to a COVID-19 loan scheme.

The findings said: “Government departments and ACOBA (Advisory Committee on Business Appointments) should be able to issue a lobbying ban for a longer period of up to five years where they deem it appropriate.

“Whether or not a longer ban is warranted will depend on the nature of the position held by an applicant in government.

“If an applicant had a particularly senior role, or where contacts made or privileged information received will remain relevant after two years, a longer ban may be necessary to ensure that former officials lobbying government are not directly benefiting from their time in office when they do so.”

The committee’s final report and recommendations will be sent to the prime minister later this year.

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UK allows retail access to crypto ETNs, signals push to become crypto hub

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UK allows retail access to crypto ETNs, signals push to become crypto hub

UK allows retail access to crypto ETNs, signals push to become crypto hub

The Payments Association’s Riccardo Tordera told Cointelegraph that lifting the ETN ban allowed individual investors to make their own choices at their own risk.

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Eye-scanning crypto projects pose national security risks, China warns

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Eye-scanning crypto projects pose national security risks, China warns

Eye-scanning crypto projects pose national security risks, China warns

China’s security agency warned that biometric data collection by crypto firms, including iris scans, may endanger personal privacy and be exploited for espionage.

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Backlash as ex-SEC chief of staff links liquid staking to Lehman Brothers

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Backlash as ex-SEC chief of staff links liquid staking to Lehman Brothers

Backlash as ex-SEC chief of staff links liquid staking to Lehman Brothers

Former SEC chief of staff Amanda Fischer slammed the latest SEC guidance on liquid staking, sparking a sharp backlash on social media.

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