TITLE

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

AUTHOR(S)
Martin, Natalie
PUB. DATE
October 2008
SOURCE
Mortgage Strategy;10/13/2008, p9
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
35575988

 

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