UK Parliament / Open data

Enterprise and Regulatory Reform Bill

I do not have a number in mind. This is a newly created facility, which we have to explore. As there has not been a previous example of a bank like this being created in the UK, there is no precedent on which to draw. Perhaps we could look overseas. We have had examples cited from Germany; there are similar banks in Portugal, Spain and Holland; and the Australians are in the process of setting up their own investment vehicle. I do not have an answer, but I am sure that, with some study, the department could provide us with some guidelines or some examples from overseas.

Type
Proceeding contribution
Reference
741 c166GC 
Session
2012-13
Chamber / Committee
House of Lords Grand Committee
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