My hon. Friend is making very forceful points, especially on the FSCS. As that is currently funded by the industry itself, and given that the FCA cannot have detailed knowledge of the workings of every product, does my hon. Friend agree that in order to ensure that there is adequate protection, the FCA must work with the industry and accept the intelligence that comes from it?
Financial Services Bill
Proceeding contribution from
Alun Cairns
(Conservative)
in the House of Commons on Monday, 23 April 2012.
It occurred during Debate on bills on Financial Services Bill.
Type
Proceeding contribution
Reference
543 c759
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-15 16:57:27 +0000
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