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Proceeding contribution from Andrew Pelling (Independent (affiliation)) in the House of Commons on Monday, 30 November 2009. It occurred during Debate on bill on Financial Services Bill.


Financial Services Bill

The Chancellor emphasised the importance of international co-operation and the associated complexity. Under the Bill, the FSA will have discretion to work in that area. Obviously, this aspect of regulation is of fundamental national interest, given the impact on the City's earning capacity. Under the Bill, how will Parliament be able to scrutinise and have some control over the FSA—to the extent that important interests might have to be given away in such negotiations with European regulators?


Secondary information

Type
Proceeding contribution
Reference
501 c878 
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
Disclosure of information Consumers Banks Credit Education Financial services Financial institutions International cooperation Financial Services Authority EU action Protection Pay Powers Regulation Stocks and shares Treasury Financial Services Compensation Scheme Council for Financial Stability Class actions
Legislation
Financial Services Bill 2009-10
Link
View this Proceeding contribution on www.publications.parliament.uk