Here in Financial Regulation Matters we have focused upon Sir Philip Green and his vast business empire on a number of occasions, with most posts assessing the downfall of the British retailer ‘BHS’ and the subsequent fallout that spanned from that. Frank Field MP, who chairs the Parliamentary ‘Work and Pensions Select Committee’ has, by way of the Committee’s mandate, come into direct opposition with Green over the collapse of BHS and the effect on its pension holders, and news today suggests that they are yet again set to resume hostilities over Green’s business plans; so, in this post, we will detail what is at issue this time and look at some of the possible effects that may ensure from this continuation of investigation. The collapse of BHS, and Green’s involvement in the reduction of its pension schemes beforehand, made for a spectacle that was remarkable, but in reality not surprising. We covered the account of Sir Philip Green taking a daring approach to being questi...