Financial Services Bill

Part of the debate – in a Public Bill Committee at 12:00 pm on 8 December 2009.

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Andrew Whittaker: May I add to that? We, for our part, recognise that our role in relation to financial stability is, in some senses, a secondary one to the other authorities. If there were to be a disagreement as to what would be needed for financial stability, it is inconceivable that we would wish to second-guess the views of the other authorities in that respect. Our role is to contribute, but not primarily to lead the development of a financial stability strategy.