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House
Session
Year
Department
Member
More
Primary member
More
Answering member
Legislative stage
Legislation
Subject
More
Publisher
Type
Unprinted papers
Author
Building Societies Commission
Laid on
15 March 2002
Subjects
Building societies; Building Societies Commission
Commons Library location
UP 1285 2001/02;CS 577
Date
15 March 2002
House
House of Commons
Type
House of Commons papers
Author
Building Societies Commission
Laid on
14 March 2002
Notes
Received 23.05.02
Subjects
Building societies; Building Societies Commission
Commons Library location
CS 577
Date
14 March 2002
Reference
HC 694 2001/02
House
House of Commons
Type
House of Commons papers
Author
Building Societies Commission
Laid on
15 October 2001
Notes
Received 27.11.2001
Subjects
Building societies; Building Societies Commission
Commons Library location
CS 577
Date
15 October 2001
Reference
HC 252 2001/02
House
House of Commons
Type
Unprinted papers
Author
Building Societies Commission
Laid on
19 July 2001
Subjects
Building societies; Finance; Mortgages; Building Societies Commission
Commons Library location
UP 288 2001/02;CS 577
Lords Library location
SOP 2002/406
Date
19 July 2001
House
House of Commons
SI 2001/2617 (Negative instrument). Coming into force in accordance with article 2
SI 2001/2617 (Negative instrument). Coming into force in accordance with article 2
Department
Treasury
Type
Statutory instruments
Procedure
Negative
Laid on
19 July 2001
Made on
18 July 2001
Coming into force
In accordance with article 2
Legislation
Financial Services and Markets Act 2000; Financial Services and Markets Act 2000 (Mutual Societies) Order 2001
Subjects
Building societies; Financial services; Friendly societies; Financial Services Authority; Regulation; Friendly Societies Commission; Registry of Friendly Societies; Building Societies Commission
Commons Library location
UP 209 2001/02
Date
19 July 2001
Reference
SI 2001/2617
House
House of Commons; House of Lords
SI 2001/815 (Negative instrument). Coming into force 1 April 2001
SI 2001/815 (Negative instrument). Coming into force 1 April 2001
Department
Treasury
Type
Statutory instruments
Procedure
Negative
Laid on
9 March 2001
Made on
8 March 2001
Coming into force
1 April 2001
Legislation
Building Societies Act 1986; Building Societies (General Charges and Fees) Regulations 2001
Subjects
Building societies; Fees and charges; Building Societies Commission
Commons Library location
UP 538 2000/01
Date
9 March 2001
Reference
SI 2001/815
House
House of Commons; House of Lords
Type
House of Commons papers
Author
Building Societies Commission
Laid on
23 November 2000
Subjects
Building societies; Building Societies Commission
Commons Library location
CS 577
Date
23 November 2000
Reference
HC 1000 1999/2000
House
House of Commons
Type
Unprinted papers
Author
Building Societies Commission
Laid on
27 July 2000
Subjects
Building societies; Finance; Mortgages; Building Societies Commission
Commons Library location
UP 1349 1999/2000;CS 577;Research BT 332.3,P
Date
27 July 2000
House
House of Commons
SI 2000/668 (Negative instrument). Coming into force 1 April 2000.
SI 2000/668 (Negative instrument). Coming into force 1 April 2000.
Department
Treasury
Type
Statutory instruments
Procedure
Negative
Laid on
9 March 2000
Made on
8 March 2000
Coming into force
1 April 2000
Legislation
Building Societies Act 1986; Building Societies (General Charge and Fees) Regulations 2000
Subjects
Building societies; Fees and charges; Building Societies Commission
Commons Library location
UP 544 1999/2000
Date
9 March 2000
Reference
SI 2000/668
House
House of Commons; House of Lords
Type
House of Commons papers
Author
Building Societies Commission
Laid on
10 January 2000
Notes
Received 28.04.00
Subjects
Building societies; Building Societies Commission
Commons Library location
CS 577
Date
10 January 2000
Reference
HC 139 1999/2000
House
House of Commons
Type
Unprinted papers
Author
Building Societies Commission
Laid on
27 July 1999
Subjects
Building societies; Finance; Mortgages; Building Societies Commission
Commons Library location
UP 1495 1998/99;CS 577
Date
27 July 1999
House
House of Commons
Type
Select Committee reports; House of Commons papers;
Parliamentary committees
Committee
Treasury Committee
Witnesses
Treasury; Patricia Hewitt; Building Societies Association; Bradford and Bingley Building Society; Save Our Building Societies; Mutual Insurance Companies Association; Building Societies Members Association; Patrick Frazer; Malcolm Waters; Money Marketing; David Llewelyn
Notes
Second volume available online here: http://www.publications.parliament.uk/pa/cm199899/cmselect/cmtreasy/605/60502.htm
Subjects
Banks; Building societies; Insurance companies; Financial Services Authority; Equitable Life Assurance Society; Personal savings; Consumers Association; Shares; Portman Building Society; Building Societies Commission; Britannia Building Society; Chelsea Building Society; Scottish Provident Building Society; Coventry Provident Building Society; Leeds and Holbeck Building Society
Commons Library location
CS 192
Date
22 July 1999
Reference
HC 605 1998/99
House
House of Commons
SI 1999/738 (Negative instrument). Coming into force 1 April 1999.
SI 1999/738 (Negative instrument). Coming into force 1 April 1999.
Department
Treasury
Type
Statutory instruments
Procedure
Negative
Laid on
10 March 1999
Made on
9 March 1999
Coming into force
1 April 1999
Legislation
Building Societies Act 1986; Building Societies (General Charge and Fees) Regulations 1999
Subjects
Building societies; Fees and charges; Building Societies Commission
Commons Library location
UP 609 1998/99
Date
10 March 1999
Reference
SI 1999/738
House
House of Commons; House of Lords
To ask Mr Chancellor of the Exchequer, what changes are proposed to the cash and running costs limits of the Registry of Friendly Societies in 1998-99. - Including figures.
To ask Mr Chancellor of the Exchequer, what changes are proposed to the cash and running costs limits of the Registry of Friendly Societies in 1998-99. - Including figures.
Asked by
Jackie Lawrence
(Labour)
Answered by
Patricia Hewitt
(Labour)
Answering body
Treasury
Type
Written questions
Status
Answered
Tabled on
10 February 1999
For answer on
11 February 1999
Answered on
11 February 1999
Ms Lawrence: To ask the Chancellor of the Exchequer what changes are proposed to the cash and running costs limits of the Registry
of Friendly Societies in 1998-99. [71257]
Ms Hewitt: Subject to Parliamentary approval of the necessary Supplementary Estimate, the cash limit for Class XVI, Vote 9, Registry
of Friendly Societies, will be increased by £1,000 from £1,522,000 to £1,523,000 and the running costs limit will be increased by
£505,000 from £7,203,000 to £7,708,000. The change in running costs provision arises from the transfer of support services for the
Building Societies and Friendly Societies Commissions and the credit union section of the Central Office from the Registry of
Friendly Societies to the Financial Services Authority. The increase will be offset by appropriating in aid additional receipts, and
will not therefore add to the planned total of public expenditure.
Subjects
Financial Services Authority; Building Societies Commission; Registry of Friendly Societies; Cash limits; Operating costs; Friendly Societies Commission
Date
11 February 1999
Reference
325 c357-8W; 71257
House
House of Commons
SI 1998/3186 (Negative instrument). Coming into force 1 March 1999.
SI 1998/3186 (Negative instrument). Coming into force 1 March 1999.
Department
Building Societies Commission
Type
Statutory instruments
Procedure
Negative
Laid on
5 January 1999
Made on
23 December 1998
Coming into force
1 March 1999
Legislation
Building Societies Act 1986; Building Societies (Business Names) Regulations 1998
Subjects
Building societies; Building Societies Commission
Commons Library location
UP 251 1998/99
Date
5 January 1999
Reference
SI 1998/3186
House
House of Commons; House of Lords
Type
Impact assessments
Author
Department of Trade and Industry
Legislation
Building Societies Act 1986; Building Societies (General Charge and Fees) Regulations 1998
Subjects
Building societies; Fees and charges; Building Societies Commission
Commons Library location
CCA 98/52
Date
3 November 1998
Reference
DTI
To ask Mr Chancellor of the Exchequer, what discussions his Department has held with the Registrar of Friendly Societies regarding the transfer of its functions to the Financial Services Authority to ensure continued recognition of and sensitivity to the special features of organisations currently regulated and supervised by the Registrar.
To ask Mr Chancellor of the Exchequer, what discussions his Department has held with the Registrar of Friendly Societies regarding the transfer of its functions to the Financial Services Authority to ensure continued recognition of and sensitivity to the special features of organisations currently regulated and supervised by the Registrar.
Asked by
Andrew Love
(Labour; Co-operative Party)
Answered by
Patricia Hewitt
(Labour)
Answering body
Treasury
Type
Written questions
Status
Answered
Tabled on
30 July 1998
For answer on
19 October 1998
Answered on
19 October 1998
Mr. Love: To ask the Chancellor of the Exchequer what discussions his Department has held with the Registrar of Friendly Societies
regarding the transfer of its functions to the Financial Services Authority to ensure continued recognition of and sensitivity to
the special features of organisations currently regulated and supervised by the Registrar; and if he will make a statement.
[55220]
Ms Hewitt: Treasury officials have regular discussions with the Registry of Friendly Societies (RFS), the Building Societies
Commission (BSC) and the Friendly Societies Commission (FSC), about the transfer of their functions to the Financial Services
Authority (FSA). The FSA has also been working with them to develop the new regulatory structure and to ensure a smooth transition
to a single regulator, when the Financial Services and Markets Bill becomes law.
In the meantime, as the Chief Secretary to the Treasury announced on 30 July, the FSA plans to enter into contracts with the BSC,
the FSC and, in relation to credit unions, the FRS to enable it to carry out functions on their behalf, from January 1999.
Subjects
Financial services; Financial institutions; Financial Services Authority; Regulation; Building Societies Commission; Registry of Friendly Societies; Friendly Societies Commission
Date
19 October 1998
Reference
317 c925W; 55220
House
House of Commons
Type
Unprinted papers
Author
Building Societies Commission
Laid on
30 July 1998
Subjects
Building societies; Finance; Mortgages; Building Societies Commission
Commons Library location
UP 2217 1997/98;CS 577
Date
30 July 1998
House
House of Commons
Statement on the progress of his plans for reform of financial services regulation. - Includes ref to Financial Services and Markets Bill for consultation together with a consultation paper and explanatory material, in Library (Dep 98/883) and 294 c537-46.
Statement on the progress of his plans for reform of financial services regulation. - Includes ref to Financial Services and Markets Bill for consultation together with a consultation paper and explanatory material, in Library (Dep 98/883) and 294 c537-46.
Asked by
Andrew Love
(Labour; Co-operative Party)
Answered by
Stephen Byers
(Labour)
Answering body
Treasury
Type
Written questions
Status
Answered
Tabled on
29 July 1998
For answer on
30 July 1998
Answered on
30 July 1998
Mr. Love: To ask the Chancellor of the Exchequer if he will make a statement on the progress of his plans for reform of financial
services regulation. [54816]
Mr. Byers: The Government have today published a draft of the Financial Services and Markets Bill for consultation, together with a
consultation paper and explanatory material.
The draft Bill will give effect to the proposals to reform the financial services regulatory structure, announced in broad terms by
my right hon. Friend the Chancellor of the Exchequer in his statement to Parliament of 20 May 1997, Official Report, columns 537-46.
It is intended that the draft Bill will make the Financial Services Authority the single, statutory regulator for the United
Kingdom's financial services industry. It equips it with all the statutory functions and powers needed to operate a single regime
for authorisation and regulation of financial services business. It allows it to operate with great flexibility whilst ensuring that
any burdens or restrictions imposed by regulation are proportionate to the benefits.
The Bill will provide the framework for single ombudsman and compensation schemes and a single appeals tribunal. It will introduce
important new powers to deal with market abuse. It will also provide for a major element of external accountability for the
regulation of Lloyd's.
The first stage of the legislative process was completed when the Bank of England Act 1998 came into force on 1 June, transferring
the prudential supervision of banks to the FSA. Publication of the draft Bill is the next, important stage in the process. Full
public consultation will be beneficial to ensure that the new system is efficient and effective. Comments are sought on any aspects
of the Government's plans to implement the modernisation of financial services regulation by 30 October 1998. The Government also
welcome the likelihood that the Treasury Select Committee will wish to be involved in the consultation.
Copies of the draft Bill and the other documents have been placed in the Vote Office and the Library of the House and can be found
on the HM Treasury website (http://www.hm-treasury.gov.uk).
Since 1 June, the Financial Services Authority has made considerable progress in bringing together operations under the Banking Act
1987 and the Financial Services Act 1986. The Government have now decided, with the agreement of the Authority, that it should take
further steps towards the full integration of financial services regulation that will be completed when the legislation is enacted.
Accordingly, it will take responsibility for supporting the Building Societies Commission, the Friendly Societies Commission and, in
relation to credit unions, the Chief Registrar of Friendly Societies in the exercise of their functions, and for acting on behalf of
the Treasury in the conduct of insurance supervision under the Insurance Companies Act 1982, as soon as the necessary arrangements
can be made.
To this end the Government propose to make an order under the Deregulation and Contracting Out Act 1994 to contract out the relevant
insurance supervision functions to the Authority. The Authority will enter into contracts with the Treasury and with the Building
Societies Commission, the Friendly Societies Commission and the Chief Registrar of Friendly Societies setting out its
responsibilities in these areas. These arrangements will be in place to enable the Authority to take on these additional
responsibilities in January 1999.
Subjects
Banks; Credit unions; Insurance companies; Financial services; Financial Services Authority; Ombudsman; Regulation; Building Societies Commission; Registry of Friendly Societies; Friendly Societies Commission
Date
30 July 1998
Reference
317 c410-1W; 54816
House
House of Commons
Type
House of Commons papers
Author
Building Societies Commission
Laid on
29 July 1998
Notes
Received 13.11.98; Received 13.11.98
Subjects
Building societies; Building Societies Commission
Commons Library location
CS 577
Date
29 July 1998
Reference
HC 1075 1997/98
House
House of Commons