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Barbara Ridpath, Chief Executive of the ICFR, at the House of Commons Treasury Select Committee.

03 Nov 2009

Barbara Ridpath gave evidence before the House of Commons Treasury Select Committee in the Palace of Westminster on Tuesday 3 November 2009 as part of the Treasury Committee’s inquiry Proposals for European macro and micro prudential financial regulation.

London, UK

The evidence session consisted of three panels of witnesses. 

At 9.30 am Sir David Walker gave evidence on the subject of his review of Corporate Governance of UK Banking Industry.  This was followed by two panels of witnesses giving evidence on the European proposals.

At 10.15 am
•     Dr Kern Alexander, Senior Research Fellow, CFAP, Cambridge University
•     Dr Jon Danielsson, Department of Finance, London School of Economics
•     Richard Portes CBE, Professor of Finance, London Business School

At 11.00 am
•     Stuart Popham, Senior Partner, Clifford Chance LLP
•     Simon Gleeson, Partner, Clifford Chance LLP
•     Barbara Ridpath, Chief Executive, International Centre for Financial Regulation

This inquiry was conducted urgently, since the aim was that the Committee inform itself in time to decide whether or not to report before the Ecofin meeting on 2 December.

The Committee was particularly keen to hear from "the City" - particularly as regards any concerns relating to the composition, structure and power of the proposed supervisory authorities and the potential impact of the new regulations on the competitiveness of the City of London.
 

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