UK Parliament / Open data

Financial Services (Implementation of Legislation) Bill [Lords]

I am extremely grateful to the Minister for giving way. As he has outlined, these are powers that would only be used in the event of a no deal. As a Treasury Minister, I would imagine he is probably losing more sleep than most Government Ministers at the prospect of a catastrophic no-deal situation. Will he outline what reporting mechanisms will be introduced by the Treasury for how these powers are used, either by the Treasury or by Treasury-affiliated bodies such as the Bank of England, the Prudential Regulation Authority and the Financial Conduct Authority?

About this proceeding contribution

Reference

654 c667 

Session

2017-19

Chamber / Committee

House of Commons chamber
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