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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 Hoban Mark Hoban Shadow Minister (Treasury) 4:22 pm, 1st December 2009

As I understand it, a representative of one of the supervisory authorities can sit on the college of supervisors. Does the Minister think that that is appropriate, given that that could also lead to the ESAs having some impact on the supervision of individual firms?

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