The Chancellor is absolutely right: that is a very important part of the Bill. However, will he explain why the Bank and the Treasury have the power to make recommendations, and to recommend action, on those plans to prevent such a crisis from occurring, yet the SFA does not have to undertake to implement the actions proposed by either the Bank or the Treasury?
Financial Services Bill
Proceeding contribution from
Stephen Hammond
(Conservative)
in the House of Commons on Monday, 30 November 2009.
It occurred during Debate on bills on Financial Services Bill.
Type
Proceeding contribution
Reference
501 c884
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-11 09:58:26 +0000
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