UK authorities consult on financial stability and depositor protection

01 July 2008

The proposals build on a consultation document published in January and will now be the subject of a further period of consultation, prior to the introduction of legislation in the autumn.

The proposals published by the Treasury, the FSA and the Bank of England. They focus on five key objectives:

 

 

The proposals build on a consultation document published in January and will now be the subject of a further period of consultation, prior to the introduction of legislation in the autumn.

 

Later this year the FSA intends to consult on the supervisory aspects of the new banking resolution regime and for changes to depositor compensation, FSA Chair McCarthy said.

 

Deadline for responses is 15 September 2008.

 

Press release

Consultation

 


© HM Treasury