The Treasury committee will hear evidence from the Chancellor, the Governor or the Bank of England and the Chairman of FSA on 3 November.

The Committee plans to hold three further hearings in November on:

  • the performance and actions of Northern Rock and Bradford & Bingley; 
  • fair value accounting and accounting standards, and their role in the current financial crisis; and 
  • incentive structures (including remuneration policies) within financial institutions, and their potential effects on financial stability, at both the institutional and systemwide levels.

It will announce dates and witnesses for these hearings separately. The Committee invites questions up to 48 hours before the date of any particular hearing.