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


Financial Services Bill

Instead of focusing on substance, the hon. Gentleman seems to be obsessed with architecture. Does he support the idea of giving the Financial Services Authority an enhanced power to intervene when contracts and incentives encourage irresponsible and destabilising behaviour? Is that not the sort of regulation we need to avoid a repetition of the recent crisis?


Secondary information

Type
Proceeding contribution
Reference
501 c908 
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