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Proceeding contribution from Ed Balls (Labour) in the House of Commons on Monday, 6 February 2012. It occurred during Debate on bill on Financial Services Bill.


Financial Services Bill

Will the Chancellor explain why, if the key is locating regulation in the central bank, those pressures before 2007 were not spotted by the US Federal Reserve, which was the central banker and the regulator? He is giving a very UK-specific analysis. What about all the other examples of central banks failing to spot these growing problems?


Secondary information

Type
Proceeding contribution
Reference
540 c51 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Consumers Banks Credit Building societies Bank of England Financial services Financial Services Authority Protection Regulation Financial Policy Committee Financial Conduct Authority Prudential Regulation Authority
Legislation
Financial Services Bill 2010-12 to 2012-13
Link
View this Proceeding contribution on www.publications.parliament.uk