The reason I said that is that Tracey McDermott, the present FCA director of enforcement, came before the committee and answered that question in all honesty. She said that what is needed is a chart of organisations to determine who is responsible for what and a handover document. That is at the start at the moment; it has not been fleshed out. That is the reason why I brought that point to the Minister.
Financial Services (Banking Reform) Bill
Proceeding contribution from
Lord McFall of Alcluith
(Labour)
in the House of Lords on Tuesday, 15 October 2013.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Financial Services (Banking Reform) Bill.
Type
Proceeding contribution
Reference
748 c406
Session
2013-14
Chamber / Committee
House of Lords chamber
Subjects
Librarians' tools
Timestamp
2013-12-20 04:30:44 +0000
URI
http://hansard.intranet.data.parliament.uk/Lords/2013-10-15/131015105000040
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