The House of Lords has continued its scrutiny of the Financial Services Bill (FS Bill), including issues such as granting the Bank of England (BoE) powers to direct clearing houses, requirements that auditors from deposit-taking institutions provide a narrative report on risk management policies and exposure to risk, and the eligibility of charities to compensation under the Financial Services Compensation Scheme (FSCS). On day eight of its scrutiny, the Lords has also debated BoE’s influence over the appointment and removal of banks' directors. (Source: Financial Services Bill Lords Committee Stage Day Seven and Lords Committee Stage Day Eight)