Banking Standards Joint Committee Contents

Formal Minutes

Wednesday 19 December 2012

Members present:

Mr Andrew Tyrie MP, in the Chair
The Lord Bishop of Durham

Mark Garnier MP

Baroness Kramer

Rt Hon Lord Lawson of Blaby Andrew Love MP

Rt Hon Lord McFall of Alcluith

Rt Hon Pat McFadden MP

John Thurso MP

Lord Turnbull KCB CVO


Declarations of interest, by members of the Commission, relating to the Commission's work were made on 24 July 2012 and 8 November 2012.

Draft Report (First Report), proposed by the Chair, brought up and read.

Ordered, that the draft Report be read a second time, paragraph by paragraph.

Paragraphs 1 to 300 read and agreed to.

Summary agreed to.

Resolved, That the Report be the First Report of the Commission to each House.

Ordered, That the Chair make the Report to the House of Commons and that Lord Lawson of Blaby make the Report to the House of Lords.

Ordered, That embargoed copies of the Report be made available (Standing Order No. 134 of the House of Commons).

The following written evidence was ordered to be reported to the House of Commons for publication on the internet.

Association of Corporate Treasurers

Bank of England

Rt Hon George Osborne MP, Chancellor of the Exchequer

Federation of Small Businesses

Financial Services Authority

HM Treasury

HSBC Holdings


Legal & General

new economics foundation


Standard Chartered Bank

Vedanta Hedging

Virgin Money



[Adjourned to a day and time to be fixed by the Chair.

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Prepared 21 December 2012