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The
Financial Services (Banking Reform) Bill began its
Committee stage in the
House of Lords yesterday. The official record of debate -
Hansard - is available
here and
here. Debate began with discussion of some of the governance implications of ring-fencing and the role of regulators in determining the governance arrangements of ring-fenced banks. Committee stage debate resumes on 15 October; the Bill's progress can be followed
here.
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