Valencia has its own global event next year – it is hosting the America’s Cup competition. UBS, it may be remembered, was the main sponsor of the winning team from Switzerland. We sincerely hope the sailors can avoid the bug that 40-odd conference delegates got; if they don’t, the boats won’t be getting too far. Fortunately, the bug didn’t fully strike until after the conference had finished, which doesn’t quite explain why at one of the panel session officials from UK regulator the FSA looked discomfited.
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