18
Deferred
The House could, if it thought it necessary to increase the capacity and broaden the...
Recommendation
The House could, if it thought it necessary to increase the capacity and broaden the expertise of the Treasury Committee in order to undertake scrutiny of financial services, expand the facility under Standing Order No 137A(1)(e) for non-members of the Committee to take part in certain proceedings. This provision currently enables only members of other committees to participate, but it could be adapted so as to permit the Committee to invite any Member of the House to do so.
Government Response Summary
The government notes the committee's conclusion and reiterates that the appropriate structure for parliamentary scrutiny, including expanding committee facilities, is a matter for Parliament itself to consider.
Paragraph Reference
91
Government Response
Deferred
Government Response
Deferred
HM Government
Deferred
Finally, while I note the Committee’s conclusion that they do not see a clear need for the creation of a new committee or a new independent body, I would also like to reiterate that it is rightly a matter for Parliament to consider the appropriate structure for its scrutiny.
Source
Committee
Treasury Committee
Inquiry
Future of Financial Services
Report
Fifth Report - The Future Framework for Regulation of Financial Services
06 Jul 2021
HC 147
Addressee Bodies
HM Treasury
Timeline
Recommendation age
5.1 yrs
Report published
06 Jul 2021