Proceeding contribution from Mark Hoban (Conservative) in the House of Commons on Thursday, 16 June 2011. It occurred during Ministerial statement on Regulatory and Banking Reform.
Regulatory and Banking Reform
My hon. Friend makes an important point about diversity in the financial system. One of the points that the Governor of the Bank of England made in his Mansion House speech last night was about the need to reduce the barriers of entry to the banking system in order to encourage more competitors to come forward. That is an excellent way in which we can promote choice and competition and get a better outcome for consumers, whether individuals or businesses.
Secondary information
- Type
- Proceeding contribution
- Reference
- 529 c971
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Compensation Consumers Banks Conduct Competition Bank of England Finance Insurance companies Financial services Insolvency International cooperation Financial Services Authority Financial markets Government shareholding Private sector Privatisation Protection Standards Sales Regulation Reform Treasury Financial Services Compensation Scheme Northern Rock plc Financial Policy Committee Financial Conduct Authority Prudential Regulation Authority Independent Commission on Banking Southsea Mortgage and Investment Company
- Legislation
- Draft Financial Services Bill
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 16:40:48 +0000
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