Proceeding contribution from Ed Balls (Labour) in the House of Commons on Thursday, 5 July 2012. It occurred during Debate on Professional Standards in the Banking Industry.
Professional Standards in the Banking Industry
As the hon. Gentleman will know—because I said this yesterday—at no point at any time when I was an adviser or City Minister was it suggested to me by the Financial Services Authority, the Treasury, the Bank of England, or anyone in the House that there was any reason to doubt the integrity of the LIBOR market. The facts came to light only subsequently, and they are now being properly investigated. I hope that that serves as a full answer to the hon. Gentleman.
Secondary information
- Type
- Proceeding contribution
- Reference
- 547 c1113
- Session
- 2012-13
- Chamber / Committee
- House of Commons chamber
- Subjects
- Banks Bank of England Barclays Financial Services Authority Interest rates Financial markets Regulation Treasury LIBOR
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-11-28 15:16:28 +0000
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- http://hansard.intranet.data.parliament.uk/Commons/2012-07-05/12070562000547
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