Yes, I can confirm that. Although it remains for the regulator, once set up, to deem the regulated systems, we envisage that that will be part of its scope. My hon. Friend will know that the issue is being considered right now through a proposed European Union initiative. We would expect the regulator to take that into account as well.
Financial Services (Banking Reform) Bill
Proceeding contribution from
Sajid Javid
(Conservative)
in the House of Commons on Wednesday, 11 December 2013.
It occurred during Debate on bills on Financial Services (Banking Reform) Bill.
Type
Proceeding contribution
Reference
572 c284
Session
2013-14
Chamber / Committee
House of Commons chamber
Librarians' tools
Timestamp
2017-03-22 16:04:57 +0000
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