Skip to main content

Proceeding contribution from Baroness Noakes (Conservative) in the House of Lords on Tuesday, 3 February 2009. It occurred during Debate on bill on Banking Bill.


Banking Bill

My Lords, these are difficult issues. Obviously, there is a great desire for transparency and public knowledge but, on the other hand, I recognise that there are necessary issues of confidentiality. There has been some discussion of what was done with the Bank of England's accounts. From my recollection, since the disclosure rules for the Bank of England were changed, there had not, until last year, been an issue of new financial assistance. You have to go back quite a long way to find the last one, although that, too, is from memory, going back even further than the Minister's memory. These are difficult issues, and I shall not press my amendment. I do not say that I am convinced by the Minister's response, but I concede that there is a case to be made. I beg leave to withdraw the amendment. Amendment 76 withdrawn. Amendments 77 to 79 not moved.


Secondary information

Type
Proceeding contribution
Reference
707 c597 
Session
2008-09
Chamber / Committee
House of Lords chamber
Subjects
Disclosure of information Compensation Consumers Accountability Audit Assets Debts Bank services Banks Delegated legislation Advisory services Bank of England Finance Liability Financial institutions Insolvency Government assistance Financial Services Authority Holding companies Protection Payments Public interest Public sector Public expenditure Parliamentary scrutiny Loans Post offices Post Office Nationalisation Regulation Rural areas Treasury Financial Services Compensation Scheme National Loans Fund Financial Stability Committee Sunset clauses Retrospective legislation
Legislation
Banking Bill 2007-08 to 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk