The simple way to look at the amendments is that they are to ensure that both regulators have the flexibility to address every aspect of the group structure to ensure that the ring-fence works. That is why we are trying to give as much flexibility as possible to address even the non-regulated entities within the group.
Financial Services (Banking Reform) Bill
Proceeding contribution from
Lord Deighton
(Conservative)
in the House of Lords on Tuesday, 8 October 2013.
It occurred during Committee of the Whole House (HL), Debate on bills and Committee proceeding on Financial Services (Banking Reform) Bill.
About this proceeding contribution
Reference
748 c37Session
2013-14Chamber / Committee
House of Lords chamberSubjects
Librarians' tools
Timestamp
2013-12-20 04:24:44 +0000
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