My Lords, can the noble Lord explain why he thinks that the Bank has any influence whatever over the chief executive of the FCA? There are no provisions in statute that give any sense of influence, even, and I struggle to find where in practice you could point to where that influence could be deemed to exist.
Bank of England and Financial Services Bill [HL]
Proceeding contribution from
Baroness Noakes
(Conservative)
in the House of Lords on Monday, 9 November 2015.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Bank of England and Financial Services Bill [HL].
Type
Proceeding contribution
Reference
765 c1887
Session
2015-16
Chamber / Committee
House of Lords chamber
Librarians' tools
Timestamp
2015-11-11 10:06:18 +0000
URI
http://hansard.intranet.data.parliament.uk/Lords/2015-11-09/1511093000260
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