Director of strategy Darryl Dixon said the licensing authority had been trialing a "light touch" inspection regime for the past year in the forestry industry - a sector considered low risk.

BBC: Gangmaster licensing plan prompts exploitation fears

In light of the relative longevity of the regime it probably made sense to have made some deal with Egypt.

CENTERFORSECURITYPOLICY: The pragmatic fantasy

Potential homeowners are reluctant to bid on homes in foreclosure or negotiate a short-sale in light of the continued uncertainty of the legal regime.

FORBES: It's Time To Finalize The Robo-Signing Settlement

While markets may be having adverse short term reactions to Dijsselbloem statements in light of how badly the Cypriot deals were managed, the principle of a European Wide resolution regime have been in situ since a European Commission working paper was published in January 2011.

FORBES: Cyprus: Europe Rolls the Dice on its Banks