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Proceeding contribution from David Gauke (Conservative) in the House of Commons on Tuesday, 28 November 2006. It occurred during Debate on bill and Committee of the Whole House (HC) on Investment Exchanges and Clearing Houses Bill.


Investment Exchanges and Clearing Houses Bill

On Second Reading, I raised the issue of democratic accountability, which, as far as I have heard, has not been picked up. An important and sensitive decision would be made by the FSA without any accountability to the House or, indirectly, to a Minister, who would be accountable to the House. Will the Economic Secretary give his views on that point?


Secondary information

Type
Proceeding contribution
Reference
453 c1046 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Accountability Bureaucracy Jurisdiction Investment Financial Services Authority Financial markets Ownership Powers Standards Regulation Stocks and shares Rules of procedure Takeovers USA Trade competitiveness London Stock Exchange Recognised clearing houses Recognised investment exchanges
Legislation
Investment Exchanges and Clearing Houses Bill 2006-07
Link
View this Proceeding contribution on www.publications.parliament.uk