Proceeding contribution from Lord Reid of Cardowan (Labour) in the House of Commons on Tuesday, 31 March 2009. It occurred during Debate on The Economy.
The Economy
Let me avoid Europe for now, as I shall address it later. I say to the Chancellor that I hope he and the Prime Minister will set down as one of our primary G20 objectives the restoration of a degree of confidence in the financial sector by doing, in so far as is possible, the following four things: first, we must make sure that the information necessary for market transactions is available to everyone; secondly, we must ensure that market participants have access to all data; thirdly, that must not be restricted by cost; and fourthly, the data and information must be provided from neutral sources. If we do not achieve that, I do not believe we will go any way towards having significant oversight, regulation and improvement in the financial sector. This—
Secondary information
- Type
- Proceeding contribution
- Reference
- 490 c813
- Session
- 2008-09
- Chamber / Committee
- House of Commons chamber
- Subjects
- Debts Banks Capital investment Credit Bank of England Government assistance Financial Services Authority Economic situation International Monetary Fund Loans Regulation Tax avoidance Taxation Economic recession G20 World economy
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-21 10:41:35 +0100
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