Proceeding contribution from Ian Pearson (Labour) in the House of Commons on Wednesday, 26 November 2008. It occurred during Debate on bill on Banking Bill.
Banking Bill
I fully understand the hon. Gentleman's wider point. He is suggesting that some depositors might have put their money in a branch of an Icelandic bank, for example, without actually knowing how that savings account was regulated. I agree with the hon. Gentleman that there is a clear need to make sure that branches of banks owned outside the United Kingdom make the basis on which they are regulated clear.
Secondary information
- Type
- Proceeding contribution
- Reference
- 483 c808
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Disclosure of information Compensation Codes of practice Consumers Directors Assets Debts Bank services Banks Credit unions Building societies Capital Deposits Finance Liability Financial services Financial institutions Exemptions Insolvency Government assistance Financial Services Authority Private sector Protection Pay Property transfer Public sector Publicity Mutual societies Nationalisation Shares Treasury Henry VIII clauses Financial Services Compensation Scheme
- Legislation
- Banking Bill 2007-08 to 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- Timestamp
- 2023-12-15 23:17:57 +0000
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