Having had to deal with the accountants rules (I am not an accountant but married to one), they are certifiable insane (in fairness the rules are driven by SEC in the US which is even more conservative than ICAEW), clearly drafted by white men over 60 whose wives either never worked once married or stopped working when they had kids. The entire concept of a married couple who both work, both hold senior professional positions, both have significant savings and handle their finances independently of each other never occurred to them. Add in the issue that if the wife/husband/partner of an accountant manages their finances independently and refuses to disclose information to the accountant other half, it is not entirely clear how the accountant rules could be enforced without breaching GDPR rules.So lets look at the "numpty bumpty line of thinking" (great phrase, I fully intend to borrow it frequently!).The problem with the accountancy example is that accountants only work for some companies in a particular market or market segment (for example one accountancy firm does not audit all the banks in the UK), a minister has oversight over an entire market segment. So if we were to follow your logic a minister whose portfolio includes regulation of banks would not be allowed to hold a bank account in a UK bank.In the case of Hancock, he has no influence or control over NHS Wales, it is not part of his portfolio because health is a devolved matter, so why is it a conflict of interest if NHS Wales give a contract to a company the minister has shares in? Obviously for NHS England to award a contract to the firm would be a conflict of interest (or even put it on the approved list) but the solution to that is for the minister to recuse himself from all involvement. As far as we know the minister had no involvement at all in the decision to place the family company on the approved supplier list and only found about it after the fact.Obviously there may be additional facts which come to light which may make it a scandal but at the matter it appears the minister correctly followed the rules, was not involved in the decision making process and the entire "Hancock scandal" (at least the scandal relating to share holdings as there are many other issues involving Hancock) appears to be nothing more than the frothing of conspiracy theorists and left wing nutters who spend far too much time on FB/Twitter
Justin Stephenson ● 2018d