Tories would strip FSA powers and give them to BoE, says Hague

Martin, Natalie
October 2008
Mortgage Strategy;10/13/2008, p9
Trade Publication
The article reports on the probability on the transfer of finance regulatory powers of Financial Services Authority (FSA). It cites that foreign secretary William Hague has stated that if Tories will obtain power, regulatory powers of FSA will be given to Bank of England. He mentioned in the Mortgage Intelligence annual conference that a Tory government would develop a financial system not based on daily regulation.


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