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Proceeding contribution from William Cash (Conservative) in the House of Commons on Friday, 27 February 2009. It occurred during Debate on bill on Lending (Regulation) Bill.


Lending (Regulation) Bill

The Minister may know what I am about to say, but I shall say it none the less. Does he agree that the proposals in the De Larosière report and the European Commission proposals, which will come forward next week, to regulate the whole banking and financial services sectors at European level—it is proposed to implement them and put them into legal form between the end of this year and 2011—are completely alien to the way in which we should legislate in this House, on our own terms? Does he agree that it would be disastrous for the City of London, for financial services, and indeed for the Bill, if we allowed that to happen?


Secondary information

Type
Proceeding contribution
Reference
488 c553 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Consumers Debts Credit Credit cards Financial services Financial institutions Interest rates Loans Regulation
Legislation
Lending (Regulation) Bill 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk