(9 years, 2 months ago)
Commons ChamberI welcome today’s statement and the steps being taken to return RBS to private ownership. Will my hon. Friend confirm that the steps set out in the markets review will help to tackle what the Governor of the Bank of England has called a “culture of impunity”, which has been too prevalent in investment banking?
My hon. Friend is absolutely right to highlight a very important part of the Governor of the Bank of England’s announcement last night—the “Fair and Effective Markets Review”; bringing a range of fixed income, currency and commodity markets within the regulatory perimeter; and aspiring to be not only the most competitive country in the world in which to locate a financial services business, but the one with the best, cleanest and most competitive regulatory system.
(12 years, 3 months ago)
Commons Chamber4. What assessment he has made of progress in reforming the operation of the European Court of Human Rights; and if he will make a statement.
8. What assessment he has made of progress in reforming the operation of the European Court of Human Rights; and if he will make a statement.