The current Treasury Committee has confirmed its agreement with the 2010-15 Treasury Committee's position regarding the appointment of the Chief Executive of the FCA, namely that legislation should provide that the Chief Executive be subject to pre-appointment scrutiny by the committee. The current committee believes that the government should ensure that it nominates its preferred candidate for the current vacancy sufficiently in advance to enable the committee to undertake a pre-appointment hearing. It adds that the independence of the FCA from interference from the executive is essential, and that independence can and should be entrenched by a statutory veto on appointments and dismissals to the post of Chief Executive of the FCA. An amendment to the Bank of England and Financial Services Bill 2015-16 to this effect has been tabled by the committee.