Cut Bank’s vote on macroprudential body, say lawmakers

bank-of-england

The Bank of England's votes on the forthcoming Financial Policy Committee (FPC) should be reduced, an influential panel of UK lawmakers said on Thursday.

In its report on the UK government's financial regulatory reform proposals, which will see the abolition of the Financial Services Authority and a switch to the 'twin-peaks' format, along with the establishment of the FPC, the Treasury Select Committee said Westminster ought to "reconsider the balance between Bank personnel and external members

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: