Proceeding contribution from Rob Marris (Labour) in the House of Commons on Wednesday, 13 May 2009. It occurred during Debate on bill and Committee of the Whole House (HC) on Finance Bill.
Finance Bill
May I give my hon. Friend an example? The Canadian banking system has been far stronger than the banking systems in the USA or the United Kingdom. However, in Canada, under the Office of the Superintendent of Financial Institutions, there is less regulation. Banking is more heavily regulated in the USA, but the Canadians take a risk-based approach, on the basis that: "We know risk when we smell it and we'll get in there." It is not just a question of regulation; it is a question of philosophy.
Secondary information
- Type
- Proceeding contribution
- Reference
- 492 c876
- Session
- 2008-09
- Chamber / Committee
- House of Commons chamber
- Subjects
- Accountability Audit Accountancy Companies Bingo Excise duties Exhaust emissions Large goods vehicles Fuels Gaming Double taxation Motor vehicles Oil Prices Taxation VAT Rural areas
- Legislation
- Finance Bill 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2024-04-21 11:34:51 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_557634
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