Tag: Financial Policy Committee

New Financial Policy Committee holds first quarterly meeting

New Financial Policy Committee holds first quarterly meeting

The Bank of England’s new Financial Policy Committee (FPC) is set to hold its first quarterly meeting today. The FPC, which was first unveiled by Chancellor George Osborne a year ago, has been established to regulate financial services and markets. The idea behind the FPC follows the Government’s criticism of the Financial Services Authority (FSA) [...]

June 16, 2011 | 0 Comments More
Government unveils new Financial Policy Committee

Government unveils new Financial Policy Committee

The Government has today announced the four external members of the new Financial Policy Committee (FPC). The FPC, which was first unveiled by Chancellor George Osborne last June, has been established to regulate financial services and markets. The idea behind the FPC follows the Government’s criticism of the Financial Services Authority (FSA) for not doing [...]

February 17, 2011 | 0 Comments More
Financial Policy Committee to be up and running by autumn

Financial Policy Committee to be up and running by autumn

Following an announcement by Chancellor George Osborne last month, the Government has today confirmed that the Financial Policy Committee (FPC) should be operational by autumn. In his Mansion House speech last month, Mr Osborne said the Government was launching the FPC in order to regulate financial services and markets. The proposals came after the coalition [...]

July 26, 2010 | 0 Comments More
Mortgage supply at risk in FSA break up

Mortgage supply at risk in FSA break up

The news that the Financial Services Authority (FSA) is to be broken up could have an impact on the availability of high loan-to-vale mortgages, already scarce in the market. Chancellor of the Exchequer, George Osborne, has announced that the key role of regulating the UK financial sector is to pass to the Bank of England. [...]

June 17, 2010 | 0 Comments More