New Clause 2 - FSCS review of company savings schemes

Part of Financial Services (Banking Reform)Bill – in a Public Bill Committee at 9:45 am on 16 April 2013.

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Photo of Greg Clark Greg Clark The Financial Secretary to the Treasury 9:45, 16 April 2013

May I clarify the point? What I said, perhaps with undue modesty, is that our proposal in the EU discussions is that the provisions be taken forward. It looks like the EU is seeing the light and following the UK’s suggestion. I am praising our contribution, rather than that of the institution.