Proceeding contribution from Michael Fallon (Conservative) in the House of Commons on Monday, 10 March 2008. It occurred during Estimates day on Northern Rock and Banking Reform.
Northern Rock and Banking Reform
That is certainly one way of defining it. Very big UK banks may be in the system which, for other clearing and operational reasons, one would not want to see fail. However, I think the hon. Gentleman agrees that we must have a clearer definition of what systemic risk actually is.
Secondary information
- Type
- Proceeding contribution
- Reference
- 473 c31
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Banks Financial institutions Nationalisation Regulation Northern Rock
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2026-02-25 15:22:22 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_453501
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