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Proceeding contribution from Lord Darling of Roulanish (Labour) in the House of Commons on Wednesday, 8 July 2009. It occurred during Ministerial statement on Reforming Financial Markets.


Reforming Financial Markets

We need to arrange that the FSCS is pre-funded. We say in the White Paper that that cannot be done immediately, and certainly not at the present time when so much is at stake. It will be better in the long term, however, if the FSCS is pre-funded, as then it will have money in the event that something goes wrong.


Secondary information

Type
Proceeding contribution
Reference
495 c979 
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