On 15 December 2009, the House of Lords EU Select Committee issued a call for evidence on the European Commission Communications on ensuring safe and sound derivatives markets. The deadline for written evidence was 1 February 2010.
As part of the Committee's inquiry into the regulation of the derivatives markets Lord Myners (Financial Services Secretary) and Gary Roberts (Head of Financial Services Strategy, HM Treasury) gave evidence at a public hearing on 2 February 2010.
The Committee has now published an uncorrected transcript of the oral evidence given by Lord Myners and Gary Roberts. The transcript is not yet an approved formal record of the hearing and neither the Committee nor the witnesses have had an opportunity to correct the record.