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Proceeding contribution from Lord Myners (Labour) in the House of Lords on Wednesday, 7 April 2010. It occurred during Committee of the Whole House (HL) and Debate on bill on Financial Services Bill.


Financial Services Bill

205: After Clause 17, insert the following new Clause— "Publication of decision notices (1) Section 391 of the Financial Services and Markets Act 2000 (publication) is amended as follows. (2) In subsection (1) (which prevents the FSA and the person to whom a warning or decision notice is given or copied from publishing the notice or any details concerning it), omit "or decision notice". (3) After that subsection insert— "(1A) A person to whom a decision notice is given or copied may not publish the notice or any details concerning it unless the Authority has published the notice or those details." (4) In subsection (4) (duty of FSA to publish information about a final notice), before "final notice" insert "decision notice or"." Amendment 205 agreed. Amendments 206 to 284 had been withdrawn from the Marshalled List. Clause 18 : Collective proceedings orders Clause 18 : Collective proceedings orders Debate on whether Clause 18 should stand part of the Bill.


Secondary information

Type
Proceeding contribution
Reference
718 c1522-3 
Session
2009-10
Chamber / Committee
House of Lords chamber
Subjects
Disclosure of information Consumers Directors Bank services Banks Advisory services Credit cards Education Financial services Financial Services Authority Pay Regulation Council for Financial Stability Sunset clauses
Legislation
Financial Services Bill 2009-10
Link
View this Proceeding contribution on www.publications.parliament.uk