I agree with my hon. Friend on the specifics of new clause 12, but the principle that the FSA is obliged to share information that is relevant to financial stability with the Bank is governed currently only by the protocol between the two bodies. I must admit that I have strong sympathy with the view that that should be strengthened in law.
Financial Services Bill
Proceeding contribution from
Mark Todd
(Labour)
in the House of Commons on Monday, 25 January 2010.
It occurred during Debate on bills on Financial Services Bill.
Type
Proceeding contribution
Reference
504 c633
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-11 09:59:26 +0000
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