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Proceeding contribution from Stephen Hammond (Conservative) 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 is absolutely right: that is a very important part of the Bill. However, will he explain why the Bank and the Treasury have the power to make recommendations, and to recommend action, on those plans to prevent such a crisis from occurring, yet the SFA does not have to undertake to implement the actions proposed by either the Bank or the Treasury?


Secondary information

Type
Proceeding contribution
Reference
501 c884 
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