Proceeding contribution from Ian Pearson (Labour) in the House of Commons on Monday, 3 November 2008. It occurred during Debate on bill on Dormant Bank and Building Society Accounts Bill [Lords].
Dormant Bank and Building Society Accounts Bill [Lords]
That will essentially be a matter for the company, because it is a private company. I imagine that discussions will be held between members of the Treasury and members of the reclaim fund, and that they will also include the Financial Services Authority, which has some overall responsibilities with regard to remuneration. Let me emphasise again that we expect the reclaim fund to be run in accordance with our legislation, FSA regulation and company law, and for it to meet the highest standards of corporate governance, but we need the power to ensure that that is the case, which is why we shall invite Members to reject amendment No. 10.
Secondary information
- Type
- Proceeding contribution
- Reference
- 482 c62
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Disclosure of information Devolved matters Charities Assets Bank services Banks Building societies Finance Insolvency Financial Services Authority Personal savings Northern Ireland Scotland Registration Voluntary organisations Young people Regulation Wales Youth services Big Lottery Fund
- Legislation
- Dormant Bank and Building Society Accounts Bill (HL) 2007-08
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-16 01:24:14 +0000
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