Banking Bill — Committee (5th Day)

Part of the debate – in the House of Lords at 6:00 pm on 26 January 2009.

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Photo of Baroness Noakes Baroness Noakes Shadow Minister, Treasury 6:00, 26 January 2009

I thank the Minister for the point on the FSA, but could he tell me what informal oversight actually is? In what sense is it oversight and in what sense is it informal?