My hon. Friend makes an interesting point in comparing the approach under discussion to the common law. Does he agree that a key difference is that whereas in the common law anybody can look at previous judgments and know how the law will respond to their behaviour today, under this proposal to have flexible forward-looking, judgment-based regulation we cannot necessarily be sure today how the state will treat our current actions at some point in the future?
Financial Services Bill
Proceeding contribution from
Steve Baker
(Conservative)
in the House of Commons on Monday, 6 February 2012.
It occurred during Debate on bills on Financial Services Bill.
Type
Proceeding contribution
Reference
540 c95
Session
2010-12
Chamber / Committee
House of Commons chamber
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Timestamp
2023-12-15 15:22:17 +0000
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