Proceeding contribution from Lord McFall of Alcluith (Labour) in the House of Commons on Thursday, 23 June 2005. It occurred during Debate on bill on Regulation of Financial Services (Land Transactions) Bill.

Regulation of Financial Services (Land Transactions) Bill

My right hon. Friend mentions better regulation, and a number of business people have contacted me in the past couple of weeks to remark on how seriously the Government have taken that issue. On the FSA, we previously had 10 separate bodies; we now have one regulatory body. The FSA has done good work in the past few years, but this is a fast-moving market, as my right hon. Friend knows. With equity release schemes and others, new problems arise and we need a flexible response from the FSA and the Government. . Will my right hon. Friend keep that in mind as he frames this legislation?

Secondary information

Type: Proceeding contribution
Reference: 435 c987
Session: 2005-06
Chamber / Committee: House of Commons chamber
Subjects: Codes of practice Consumers Housing Land Financial services Income Financial Services Authority Protection Older people Mortgages Loans Lump sum payments Muslims Regulation Valuation Home reversion plans Equity
Legislation: Regulation of Financial Services (Land Transactions) Bill 2005-06
Link: View this Proceeding contribution on www.publications.parliament.uk

Regulation of Financial Services (Land Transactions) Bill

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