Is my right hon. Friend as unconvinced as I am by the relatively arbitrary figure of 4% being preferable to 3% for the leverage ratio? Like him, I believe that, if there is going to be any tightening on capital adequacy or leverage, it should be done when the recovery is more surely under way, and 3% is preferable to the 4% recommended by the Vickers commission and the parliamentary commission.
Financial Services (Banking Reform) Bill
Proceeding contribution from
David Ruffley
(Conservative)
in the House of Commons on Monday, 8 July 2013.
It occurred during Debate on bills on Financial Services (Banking Reform) Bill.
About this proceeding contribution
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566 c108Session
2013-14Chamber / Committee
House of Commons chamberSubjects
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2013-11-29 10:28:38 +0000
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