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Proceeding contribution from David Rutley (Conservative) in the House of Commons on Monday, 23 April 2012. It occurred during Debate on bill on Financial Services Bill.


Financial Services Bill

My hon. Friend is making a characteristically powerful speech about his concerns about various products and what the FCA should do to move things forward. I am concerned about some of the speeches and interventions from the Opposition, who are trying to be too prescriptive about what the FCA should do with particular products. Clearly, there is a range of issues and concerns, but ultimately we should surely allow the new chief executive of the FCA to take the decision based on what he or she feels should be the priority. Does my hon. Friend agree that we should not be too prescriptive?


Secondary information

Type
Proceeding contribution
Reference
543 c724-5 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Consumers Accountability Debts Banks Credit Advisory services Bank of England Fees and charges Financial services Financial institutions Interest rates Public appointments Mortgages Loans Office of Fair Trading Standards Regulation Repayments Trading standards Pre-payment Financial Policy Committee Financial Conduct Authority Prudential Regulation Authority Money Advice Service
Legislation
Financial Services Bill 2010-12 to 2012-13
Link
View this Proceeding contribution on www.publications.parliament.uk