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
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- Timestamp
- 2024-04-21 12:37:49 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_575807
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