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The Independent Commission on Banking met on Friday 27th August 2010.
The meeting took place at the Royal Society.
The Commission reviewed the work undertaken over the summer,
including progress towards the publication of an Issues Paper in
order to stimulate public debate and invite submissions for
evidence. The Commission agreed that the paper should be published
by the end of September.
The Commission also approved arrangements for gathering
evidence, and discussed work on a number of other issues including
major trends in finance in recent decades, profitability and
competition in banking, options for structural reform, regulatory
developments and public support to the financial sector.
The Commission approved the contents of a website which is
now available at http://bankingcommission.independent.gov.uk.
The Commission’s next meeting will take place on 24th
September 2010.
Notes to Editors
1. The members of the Independent Commission on Banking are
Sir John Vickers, Clare Spottiswoode, Martin Taylor, Bill Winters
and Martin Wolf.
2. The Commission’s Terms of Reference are available at http://bankingcommission.independent.gov.uk.
3. Press enquiries during office hours should be directed to
the Commission’s Duty Press Officer on 07787 059 259.
Contacts:
News Distribution Service NDS
Phone: 020 7261 8997
Fax:
020 7928 5696
nds@coi.gsi.gov.uk
