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Proceeding contribution from Lord Davies of Oldham (Labour) 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

As I indicated, the FSA has not finished its consultation on this issue. This is a salient point that needs to be settled. I can give some reassurance that the points made by the noble Baroness today are important and need to be given serious consideration. Having acknowledged that the FSA will need to consult on how it operates under this clause, I have not the slightest doubt that this clause is essential. I hope the noble Baroness will feel able to accept that point.


Secondary information

Type
Proceeding contribution
Reference
707 c36 
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