BBA has highlighted aspects of the FS Bill it thinks the House of Lords should consider further. These include:

  • operation of the Financial Policy Committee (FPC) and its use of macroprudential tools;
  • strengthening governance of BoE;
  • the supervisory approach and approach to consultation of PRA;
  • FCA’s powers, role and remit;
  • co-ordination between FCA and PRA; and
  • engagement with European and international bodies.

(Source: BBA Briefs on FS Bill)