UK Parliament / Open data

Bank of England and Financial Services Bill [HL]

Proceeding contribution from Baroness Worthington (Labour) 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].

Moved by

Baroness Worthington

8: After Clause 6, insert the following new Clause—

“Long-term systemic risk

After section 9C(3)(c) of the Bank of England Act 1998 (objectives of the Financial Policy Committee) insert—

“(d) systemic risks to the long-term stability of the UK financial system attributable to long-term fundamental change, such as climate change, demographic change, and technological change.””

About this proceeding contribution

Reference

765 c1888 

Session

2015-16

Chamber / Committee

House of Lords chamber

Subjects

Bank of England
Bank notes
Financial services
Regulation

Legislation

Bank of England and Financial Services Bill (HL) 2015-16

Link

View this Proceeding contribution on www.publications.parliament.uk
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