Clause 5 - The new Regulators

Part of Financial Services Bill – in a Public Bill Committee at 12:15 pm on 6 March 2012.

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Photo of Mark Hoban Mark Hoban The Financial Secretary to the Treasury 12:15, 6 March 2012

Does the hon. Gentleman not recognise that, compared with the current regime, the NAO role provides a vital enhancement of the scrutiny of the costs of such organisations?