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1

 

House of Commons

 
 

Tuesday 8 December 2009

 

Public Bill Committee Proceedings

 

Financial Services Bill


 

[First and Second SittingS]


 

Ian Pearson

 

Agreed to

 

That—

 

(1)  

the Committee shall (in addition to its first meeting at 10.30 am on Tuesday

 

8 December) meet—

 

(a)  

at 4.00 pm on Tuesday 8 December;

 

(b)  

at 9.00 am and 1.00 pm on Thursday 10 December;

 

(c)  

at 10.30 am and 4.00 pm on Tuesday 15 December;

 

(d)  

at 10.30 am and 4.00 pm on Tuesday 5 January;

 

(e)  

at 9.00 am and 1.00 pm on Thursday 7 January;

 

(f)  

at 10.30 am and 4.00 pm on Tuesday 12 January;

 

(g)  

at 9.00 am and 1.00 pm on Thursday 14 January;

 

(2)  

the Committee shall hear oral evidence in accordance with the following

 

Table:

 

TABLE

 

Date

Time

Witness

 
 

Tuesday 8

Until no later

The Treasury

 
 

December

than 12.30 pm

  
 

Tuesday 8

Until no later

The Bank of England, the Financial

 
 

December

than 5.30 pm

Services Authority, Financial Services

 
   

Compensation Scheme Limited, and

 
   

Financial Ombudsman Service Limited

 
 

Tuesday 8

Until no later

Which?, Age Concern, Citizen’s Advice,

 
 

December

than 7.00 pm

and the Financial Services Consumer

 
   

Panel

 
 

Thursday 10

Until no later

The British Bankers Association, the

 
 

December

than 10.25 am

Building Societies Association, and the

 
   

Confederation of British Industry

 
 

Thursday 10

Until no later

The City of London Law Society, Simon

 
 

December

than 2.30 pm

Gleeson (Clifford Chance), and the

 
   

Investment Management Association

 

 
 

Public Bill Committee Proceedings: 8 December 2009        

2

 

Financial Services Bill, continued

 
 

(3)  

proceedings on consideration of the Bill in Committee shall be taken in the

 

following order: Clauses 14 to 17; Clauses 27 to 34; Clauses 1 to 6; Schedule

 

1; Clauses 7 to 13; Clauses 18 to 26; Clauses 35 and 36; Schedule 2; Clauses

 

37 to 39; new Clauses; new Schedules; remaining proceedings on the Bill;

 

(4)  

the proceedings shall (so far as not previously concluded) be brought to a

 

conclusion at 5.00 pm on Thursday 14 January.

 


 

Ian Pearson

 

Agreed to

 

That, subject to the discretion of the Chairman, any written evidence received by the

 

Committee shall be reported to the House for publication.

 

Ian Pearson

 

Agreed to

 

That, at this and any subsequent meeting at which oral evidence is to be heard, the

 

Committee shall sit in private until the witness are admitted.

 


 

The following witnesses gave oral evidence:

 

Ian Pearson, Economic Secretary to the Treasury;

 

John Footman, Executive Director Central Services, The Bank of England, Andrew Whittaker,

 

Director, General Counsel’s Division, Financial Services Authority, Alex Kuczynski, General

 

Counsel, Financial Services Compensation Scheme Limited and David Thomas, Chief Ombuds­

 

man (Interim), Financial Ombudsman Service Limited;

 

Peter Vicary-Smith, Chief Executive, Which?, Jane Vass, Financial Services Policy Advisor, Age

 

Concern, Peter Tutton, Social Policy Officer - Credit and Debt, Citizens Advice, and Adam

 

Phillips, Chair, Financial Services Consumer Panel

 

 

[Adjourned until Thursday at 9.00 am


 
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Revised 9 December 2009