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Proceeding contribution from Sally Keeble (Labour) in the House of Commons on Monday, 30 November 2009. It occurred during Debate on bill on Financial Services Bill.


Financial Services Bill

The hon. Gentleman refers to changes in the structures. There was always a financial stability power or function, though one could say that it was not used. There has been much discussion of the holy grail of the macro-prudential tool to go with the financial stability function. Has he identified such a tool, other than capital ratios? Who would operate it? That seems to be the missing bit, about which the Governor of the Bank of England has been talking.


Secondary information

Type
Proceeding contribution
Reference
501 c895 
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