Parliament gains influence in FCA chief appointments
George Osborne says Treasury Select Committee will be able to scrutinise future appointments before they are formalised
The UK parliament will have more influence over future appointments of the chief executive of the Financial Conduct Authority (FCA), finance minister George Osborne announced on April 19.
As part of the Bank of England and Financial Services Bill, the House of Commons will have the option to vote on the appointment if the Treasury Select Committee (TSC) deems it appropriate.
In a letter to committee chair Andrew Tyrie, Osborne says he will ensure appointments are "made in such a way to ensure
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