My Lords, we seem to be getting in a position where everyone is looking for stability in the financial system and everyone is consulting everyone, except for some reason at this point the FSA consults only the Treasury and not the Bank of England. However, the real trouble with this arrangement is that one really does not know where the buck stops at the end of the day. It is dividing all over the place, everyone is consulting with everyone, but no one appears ultimately responsible. Which of the three is it?
Financial Services Bill
Proceeding contribution from
Lord Higgins
(Conservative)
in the House of Lords on Monday, 15 March 2010.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Financial Services Bill.
Type
Proceeding contribution
Reference
718 c548
Session
2009-10
Chamber / Committee
House of Lords chamber
Subjects
Librarians' tools
Timestamp
2024-04-21 20:30:39 +0100
URI
http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_631121
In Indexing
http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_631121
In Solr
https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_631121