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


Financial Services Bill

I thank the shadow Chancellor for giving way once more. The Chancellor's plan is for the financial and prudential regulation buck always to stop with the Bank of England. The shadow Chancellor has concerns about moral hazard on the part of the Governor, which suggests that he is not as strong a fan of the independence of the Bank as he has previously made out. Should we not trust a Governor of the Bank of England to work effectively with the Chancellor?


Secondary information

Type
Proceeding contribution
Reference
540 c72 
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