Session 2010 - 12
Internet Publications
Other Bills before Parliament
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| | | (b) | the publication each year of the market share for mutual societies as a |
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| | | proportion of the UK financial services sector.’. |
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| | Page 14, line 36 [Clause 4], at end add— |
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| | | | ‘Within a year of commencement of this Act the Bank of England shall publish a |
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| | | review of the effectiveness of co-ordination by the regulators of the exercise of |
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| | | their functions relating to membership of, and their relations with, the European |
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| | | Supervisory Authorities (namely, the European Banking Authority, the European |
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| | | Insurance and Occupational Pensions Authority and the European Securities and |
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| | | Markets Authority), and their relations with other regulatory bodies outside the |
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| | Page 80, line 2 [Clause 22], at end insert— |
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| | | ‘(2A) | The FCA may make rules or apply a sanction to authorised persons who offer |
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| | | credit on terms that the FCA judge to cause consumer detriment. This may |
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| | | include rules that determine a maximum total cost for consumers of a product and |
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| | | determine the maximum duration of a supply of a product or service to an |
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