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Clause 7

Part of Banking Bill – in a Public Bill Committee at 9:15 am on 6th November 2008.

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Photo of Sally Keeble Sally Keeble Labour, Northampton North 9:15 am, 6th November 2008

Can my hon. Friend explain why the FSA should be the one to pull the trigger and how he wants the FSA to operate because there has been failure in the regulatory regime? I want assurances about what the exact expectations and the justifications were.