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European Financial Services Proposals

Part of Oral Answers to Questions — Foreign and Commonwealth Office – in the House of Commons at 4:22 pm on 1st December 2009.

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Photo of Mark Todd Mark Todd Labour, South Derbyshire 4:22 pm, 1st December 2009

Am I right in thinking that the author of the origins of these proposals is Monsieur de Larosière, who, as we heard yesterday, is apparently the patron saint of Conservative regulatory policy? [Interruption.] We can see the gestures being made by Mr. Cash, who presumably feels as uncomfortable on this as I do. Could the Minister throw light on the authorship?

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