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Proceeding contribution from Lord Forsyth of Drumlean (Conservative) in the House of Lords on Wednesday, 10 March 2010. It occurred during Committee of the Whole House (HL) and Debate on bill on Financial Services Bill.


Financial Services Bill

I shall resist the temptation to follow the Minister’s political bait. He is waxing eloquently about this model and how it will work, with the three parties operating in co-operation. My noble friend Lord Higgins made the point as to how it will differ from what we have had before, and a number of other speeches have been made about that. When we had the tripartite group, if that co-operation was so important and critical, why did the principals—the governor and Chancellor—meet only on two occasions in the 10 years leading up to the crisis?


Secondary information

Type
Proceeding contribution
Reference
718 c261 
Session
2009-10
Chamber / Committee
House of Lords chamber
Subjects
EU law Financial services Financial institutions Insolvency Financial markets Economic situation Property transfer Parliamentary scrutiny Staff Regulation USA
Legislation
Financial Services Bill 2009-10
Link
View this Proceeding contribution on www.publications.parliament.uk