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


Financial Services Bill

In certain circumstances, Parliament should be sovereign. That is an important principle in our constitution. I do not think that regulators should be able to override Parliament, if that is the Minister's suggestion. I am pretty sure it is not. Ultimately, in certain circumstances, Parliament should be able to make the final decision. That is an important cornerstone of our constitution.


Secondary information

Type
Proceeding contribution
Reference
543 c744 
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