Proceeding contribution from Baroness Noakes (Conservative) in the House of Lords on Monday, 9 February 2009. It occurred during Debate on bill on Banking Bill.
Banking Bill
My Lords, I am extremely grateful to the Minister for setting out the position at length and for his kind words. He said that the initial view from the market participants was that this was a good way forward. I can confirm that people have said that to me and that they do support the approach, which is a constructive way forward. The Minister will also be aware that there are a number of concerns about the detail, the market participants having seen the draft of the statutory instrument only last week; and time is short. I hope that the constructive working continues to get the right solution so that these instruments are introduced at Royal Assent. My purpose in tabling the amendments was to get that statement placed on the record. I am more than grateful to the Minister for so doing. I beg leave to withdraw the amendment. Amendment, by leave, withdrawn. Amendments 5 and 6 not moved.
Secondary information
- Type
- Proceeding contribution
- Reference
- 707 c968
- Session
- 2008-09
- Chamber / Committee
- House of Lords chamber
- Subjects
- Contracts Compensation Consumers Assets Bank services Banks Delegated legislation Bank of England Deposits Finance Investment Financial institutions Insolvency Financial Services Authority Financial markets Protection Public interest Property transfer Scotland Treasury Financial Services Compensation Scheme Retrospective legislation
- Legislation
- Banking Bill 2007-08 to 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-21 09:26:58 +0100
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