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)