Proceeding contribution from Steve Baker (Conservative) in the House of Commons on Monday, 6 February 2012. It occurred during Debate on bill on Financial Services Bill.
Financial Services Bill
My hon. Friend makes an interesting point in comparing the approach under discussion to the common law. Does he agree that a key difference is that whereas in the common law anybody can look at previous judgments and know how the law will respond to their behaviour today, under this proposal to have flexible forward-looking, judgment-based regulation we cannot necessarily be sure today how the state will treat our current actions at some point in the future?
Secondary information
- Type
- Proceeding contribution
- Reference
- 540 c95
- 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
Librarians' tools
- Timestamp
- 2023-12-15 15:22:17 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_807389
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