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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

Amendment 175 175: Before Clause 228, insert the following new Clause— ““FSA and Bank of England cross-membership (1) After section 1(2) of the Bank of England Act 1998 (court of directors) insert— ““(2A) One of the directors shall be the chairman or a member of the governing body of the FSA.”” (2) After paragraph 2(3) of Schedule 1 to the Financial Services and Markets Act 2000 insert— ““(3A) One of the persons appointed as a member of the governing body shall be a member of the court of directors of the Bank of England.””””

Secondary information

Type
Proceeding contribution
Reference
707 c98 
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