2 MAY 1987, Page 18

Law and order

GEORGE Law, Morgan Grenfell's 'com- pliance officer' (the man who sees to it that the rules are kept) has survived his bank's embarrassments and departures — with advantage. This week he became vice- chairman. I take it that corporate memor- ies will have gone back to last autumn, when it became clear that the head of share trading, Geoffrey Collier, had broken the rules. Some of his superiors then proposed that he' should be made to undo his deal, and told not to be such a naughty boy. Mr Collier experienced a temporary sense of relief — until Mr Law, so it is believed, was found to be drafting his own resignation.