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Proceeding contribution from Lord Northbrook (Conservative) in the House of Lords on Tuesday, 13 January 2009. It occurred during Committee of the Whole House (HL) and Debate on bill on Banking Bill.


Banking Bill

I rise to say a few words on the amendment of my noble friend Lady Noakes. It is quite clear that the tripartite arrangements have not worked. The FSA’s report into the handling of Northern Rock showed its weakness. Should not the Bank of England have the final view rather than the Treasury, as it is likely to be less biased?


Secondary information

Type
Proceeding contribution
Reference
706 c1130 
Session
2008-09
Chamber / Committee
House of Lords chamber
Subjects
Disclosure of information Codes of practice Accountability Administration Assets Bank services Banks Credit unions Building societies Bank of England Deposits Financial institutions Insolvency Legislation Government assistance Financial Services Authority Financial markets Foreign companies Protection Public sector Public expenditure Nationalisation Terrorism Regulation Shareholders Treasury Financial Services Compensation Scheme Northern Rock Freezing of assets
Legislation
Banking Bill 2007-08 to 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk