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Proceeding contribution from Mark Hoban (Conservative) in the House of Commons on Monday, 25 January 2010. It occurred during Debate on bill on Financial Services Bill.


Financial Services Bill

My hon. Friend is absolutely right. The argument made by the right hon. Gentleman seemed to be more about how we improve the governance of pension funds than about the merits or otherwise of short selling. The fact that the trustees did not know what was happening suggests that more due diligence should have been carried out in respect of the nature of their agreement with their investment manager and the custodian.


Secondary information

Type
Proceeding contribution
Reference
504 c585 
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
Contracts Devolved matters Consumers Debts Bank services Banks Competition Cheques Credit agreements Credit Credit unions Building societies Bank of England Direct selling Credit cards Fees and charges EU law Financial services Financial institutions Exemptions Financial Services Authority Interest rates Financial markets Low incomes Northern Ireland Protection Pay Loans Office of Fair Trading Pension funds Registration Regulation Shares Unfair practices Council for Financial Stability
Legislation
Financial Services Bill 2009-10
Link
View this Proceeding contribution on www.publications.parliament.uk