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Proceeding contribution from Baroness Penn (Conservative) in the House of Lords on Thursday, 8 June 2023. It occurred during Debate on bill on Financial Services and Markets Bill.

Financial Services and Markets Bill

Moved by

Baroness Penn

23: Clause 35, page 49, line 40, at end insert—

“(ic) how it has complied with the statement of policy on panel appointments prepared under section 1RA in relation to the process for making appointments and the matters considered in determining who is appointed, and”

Member’s explanatory statement

This amendment would ensure that the FCA includes in its annual report under paragraph 11 of Schedule 1ZA to the Financial Services and Markets Act 2000 a summary of how it has complied with the statement of policy on panel appointments in section 1RA as inserted into FSMA 2000 by Clause 43.

Secondary information

Type
Proceeding contribution
Reference
830 c1616 
Session
2022-23
Chamber / Committee
House of Lords chamber
Subjects
Complaints Disclosure of information Accountability Banks Cash dispensing Cost benefit analysis Fees and charges Financial services Financial markets Parliamentary scrutiny Regulation Financial Ombudsman Service Financial Conduct Authority Prudential Regulation Authority Payment Systems Regulator
Legislation
Financial Services and Markets Bill 2022-23
Link
View this Proceeding contribution on hansard.parliament.uk