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Proceeding contribution from Baroness Noakes (Conservative) in the House of Lords on Monday, 26 January 2009. It occurred during Committee of the Whole House (HL) and Debate on bill on Banking Bill.

Banking Bill

I thank the Minister for that response. Those who believe that banking supervision should be returned to the Bank of England would find much in what the Minister has said to support that position. He has described the most convoluted arrangements around a relatively minor part of the activities of each organisation, just to overcome both organisations dealing with it. The Minister has dealt with the points that I raised, but he has also highlighted some of the absurdities of the position that we now find ourselves in. I beg leave to withdraw the amendment. Amendment 166 withdrawn. Clause 189 agreed. Clauses 190 to 192 agreed. Clause 193: Compliance failure Amendment 167 not moved. Clause 193 agreed. Clause 194 agreed.

Secondary information

Type
Proceeding contribution
Reference
707 c46 
Session
2008-09
Chamber / Committee
House of Lords chamber
Subjects
Disclosure of information Compensation Codes of practice Audit Assets Debts Bank services Banks Delegated legislation Bank of England Bank notes Deposits Credit rating Housing Finance Fees and charges Liability EU law Investment Financial institutions Insolvency European communities Government assistance Financial Services Authority Financial markets Foreign companies Private sector Membership Public expenditure Property Parliamentary scrutiny Loans Post offices Monetary policy Statistics Regulation Stocks and shares Valuation Treasury Financial Services Compensation Scheme National Loans Fund Northern Rock Financial Stability Committee Sunset clauses
Legislation
Banking Bill 2007-08 to 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk