[Albert Owen in the Chair] — Arch Cru Compensation Scheme

Part of the debate – in Westminster Hall at 9:30 am on 19th October 2011.

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Photo of Anne Marie Morris Anne Marie Morris Conservative, Newton Abbot 9:30 am, 19th October 2011

Is the hon. Gentleman making the point that this is not simply a matter of what the FSA did and whether it did it appropriately, inappropriately, negligently or otherwise, and that there was something fundamentally wrong with the processes of the regulatory regime that was operating at the time?