The figure of £24 billion related to the whole of the financial services action plan in the period to 2010. That is not even the whole of the total cost. It is not the cost related to MiFID, which fortunately is of a slightly lower order.
Financial Services and Markets Act 2000 (Regulated Activities) (Amendment No. 3) Order 2006
Proceeding contribution from
Baroness Noakes
(Conservative)
in the House of Lords on Monday, 22 January 2007.
It occurred during Debates on delegated legislation on Financial Services and Markets Act 2000 (Regulated Activities) (Amendment No. 3) Order 2006.
About this proceeding contribution
Reference
688 c970Session
2006-07Chamber / Committee
House of Lords chamberSubjects
Legislation
Financial Services and Markets Act 2000 (Exemption) (Amendment) Order 2007Uncertificated Securities (Amendment) Regulations 2007
Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2006
Financial Services and Markets Act 2000 (Regulated Activities) (Amendment No. 3) Order 2006
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Timestamp
2024-06-14 23:08:23 +0100
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