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Proceeding contribution from Michael Fallon (Conservative) in the House of Commons on Wednesday, 8 July 2009. It occurred during Ministerial statement on Reforming Financial Markets.


Reforming Financial Markets

The Chancellor seems to have trebled the confusion over responsibility for financial stability by spreading it between the Bank of England, the FSA and the new council for financial stability. Will he explain what powers the new council will have? Page 138 of the White Paper seems to give it three new statutory duties just to discuss risk.


Secondary information

Type
Proceeding contribution
Reference
495 c978 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Consumers Banks Cooperation Competition Advisory services Bank of England Finance Education Investment Financial services Financial institutions International cooperation Financial Services Authority Interest rates Financial markets Personal savings Protection Pay Management Mortgages Loans Regulation Treasury Government guaranteed credit Financial Services Compensation Scheme Council for Financial Stability
Link
View this Proceeding contribution on www.publications.parliament.uk