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Proceeding contribution from Viscount Eccles (Conservative) in the House of Lords on Monday, 2 February 2009. It occurred during Debate on bill on Banking Bill.

Banking Bill

My Lords, I hope that it is recognised that the Government’s amendment and the stabilisation regime will have an effect before the regime is ever used on the banks. The certainty with which the banks understand the possibility of the regime being enforced will have a great effect on the way in which they behave and on their confidence. I make no apologies for reiterating that one of the great issues facing us is restoring the banks’ confidence in themselves.

Secondary information

Type
Proceeding contribution
Reference
707 c520 
Session
2008-09
Chamber / Committee
House of Lords chamber
Subjects
Disclosure of information Compensation Codes of practice Consumers Accountability Directors Assets Bank services Banks Competition Delegated legislation Advisory services Building societies Bank of England Finance Human rights EU law Financial institutions Insolvency Government assistance Financial Services Authority Private sector Protection Pay Public appointments Pensions Public interest Property transfer Mergers Parliamentary scrutiny Pension funds Pension rights Nationalisation Regulation Shares Valuation Taxation Shareholders Treasury UK Financial Investments Financial Services Compensation Scheme Northern Rock Bradford and Bingley Hampton, Philip
Legislation
Banking Bill 2007-08 to 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk