Regulatory system needs reform
The parties agree that the regulatory system needs reform to avoid a repeat of Labour’s financial crisis. We agree to bring forward proposals to give the Bank of England control of macro-prudential regulation and oversight of micro-prudential regulation.
Immediately related elementsHow this works
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Conservative - Liberal Democrat Coalition Agreement »Conservative - Liberal Democrat Coalition Agreement
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Banking Reform »Banking Reform
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Regulatory system needs reform
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Give Bank of England control of macro-prudential regulation »Give Bank of England control of macro-prudential regulation
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Give Bank of England oversight of micro-prudential regulation »Give Bank of England oversight of micro-prudential regulation
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