Baroness Williams of Crosby
Main Page: Baroness Williams of Crosby (Liberal Democrat - Life peer)Department Debates - View all Baroness Williams of Crosby's debates with the HM Treasury
(13 years, 5 months ago)
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Lord Sassoon
My Lords, I am sure that the FSA will take note of the noble Lord’s suggestions about how it goes about its business. But I can only, as he does, read the conclusion of a report by the FSA that follows an investigation that began in May 2009 and out of which has come one enforcement case.
Baroness Williams of Crosby
My Lords, does the Minister agree that this might be a case for a WikiLeak? Will he also assure the House that, in looking at the proposals that are emerging with regard to the regulation of banking, a heavy emphasis will be put on transparency and openness in future?
Lord Sassoon
My Lords, I am happy to confirm that in everything the Government do, we put a major store on openness and transparency. Indeed, we will bear that in mind in our approach to financial regulation in future.