The Treasury Committee will question the FSA about its role in the Northern Rock crisis next month, according to a statement.
The MPs will probe the body’s chairman, Sir Callum McCarthy, and its chief executive, Hector Sants, on October 9. The committee says the questioning will represent the “next step in its work on Ffnancial stability and transparency”. The committee originally planned the date to take evidence on the FSA’s annual report and says it may question the report and the regulator’s wider work. The MPs also expect to question the Treasury in relation to stability and transparency at a later date. To comment on this story contact: Jennifer Bollen Reporter Tel: 020 7034 2679 E-mail: Jennifer.boll...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes