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Important New UK Bloodstock Forum Established
In the UK, a newly created Bloodstock Industry Forum was established as a result of a recommendation reached by a recent BHA-commissioned review into the bloodstock industry, which uncovered some major threats to its reputation and future. The Racing Post - which disclosed that a version of the review was leaked to them last month - reports that the creation of a forum, comprising of both BHA and key bloodstock and racing industry representatives, would ideally oversee and implement the further seven recommendations provided by the review in order to "maintain and improve confidence in the buying and selling of bloodstock in Britain". A consequent overhaul of the bloodstock code of practice in the pipeline, once completed, will feature in all Tattersalls and Goffs catalogues, be incorporated into all Tattersalls and Goffs vendor and purchaser signed agreements, and be adopted by the forum members. The forum was established at a meeting in Newmarket last Thursday, at which the BHA were notably absent; purportedly because they were conducting their own investigations into the leak of their confidential report. Tattersalls director Jimmy George, who chaired the first meeting, said: "All of the participants are… wholly committed to the fundamental aim of renewing and strengthening the bloodstock industry 'code of practice' and to maintaining the global reputation for integrity that is central to the continued success of the British bloodstock industry… The group will meet again in October, hopefully with renewed BHA participation, and is determined to sustain the momentum behind these important initiatives."