14 Jul 2008, David Benyon, Operational Risk & Regulation
LONDON – The UK Treasury Committee has announced a new inquiry into banking reform, in continuation of its work on Northern Rock and banking reform, and its July 1 publication of the paper Financial stability and depositor protection: further consultation.
The Committee also announced the schedule for oral evidence and a call for written evidence. The written evidence deadline of midday July 30, 2008 enables oral evidence received in the meantime to be taken into account, in addition to a further consultation document expected to be published later in July on the Special Resolution Regime, designed to intervene in banks that require assistance.
© Incisive Media Investments Limited 2013, Published by Incisive Financial Publishing Limited, Haymarket House, 28-29 Haymarket, London SW1Y 4RX, are companies registered in England and Wales with company registration numbers 04252091 & 04252093