Source · Select Committees · Treasury Committee
Recommendation 17
17
Paragraph: 58
Duplication of work with proposed Lords Financial Services Regulation Committee must be avoided.
Conclusion
The Sub-Committee notes the proposed establishment of a Lord’s Committee on Financial Service Regulation. While its remit is a matter for the House of Lords, duplication of work should be avoided. The Sub-Committee will continue to carry out its scrutiny of new regulatory consultations as and when they are published. The full Committee will naturally continue to consider the wider context of the regulators work, as it has always done. Consideration of the existing acquis could prove a rich seam of work for the Lord’s Committee.
Paragraph Reference:
58
Government Response
A response document is linked to this report, dated 21 February 2024. Response attribution to this conclusion has not been verified. Read the response document ↗