Proceeding contribution from David Heathcoat-Amory (Conservative) in the House of Commons on Wednesday, 8 July 2009. It occurred during Ministerial statement on Reforming Financial Markets.
Reforming Financial Markets
On that point, there is an overriding need for clarity and certainty in financial regulation, so why are the Government apparently contemplating handing over many of the rule-making and supervisory functions to three new EU financial authorities, so that instead of a tripartite system at home, we have a new hexagonal system of financial regulation, with a bigger hole in the middle, less certainty, less accountability, and more confusion when things go wrong? Is that really what the Government intend?
Secondary information
- Type
- Proceeding contribution
- Reference
- 495 c986
- 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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- 2024-04-21 12:54:48 +0100
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