Treasury Committee press notice

10 December 2008: For Immediate Release

TREASURY COMMITTEE SESSION ON THE WORK OF THE FINANCIAL SERVICES AUTHORITY

CHANGE OF MEETING TIME

The Treasury Committee will take evidence on the work of the Financial Services Authority as follows:

The evidence session will take place at the revised time of 1.30pm on Monday 15 December 2008 in the Grimond Room, Portcullis House with the following witnesses:

1.30pm
Nick Prettejohn, Chairman, Financial Services Practitioner Panel
Adam Phillips, Acting Chairman, Financial Services Consumer Panel
Simon Bolam, Chairman, Smaller Businesses Practitioner Panel
Peter Vicary-Smith, Chief Executive, Which?

2.30pm
Hector Sants, Chief Executive, Financial Services Authority
Dan Waters, Director, Retail Policy and Conduct Risk, Financial Services Authority
Lesley Titcomb, Director, Small Firms and Contact Centre, and Retail Intermediaries and Mortgage Sector Leader, Financial Services Authority

The basis for the session is scrutiny of the FSA’s Annual Report 2007/08. As well as considering issues regarding the performance, management, personnel and priorities of the FSA, the Committee wishes to focus specifically on the following aspects of the FSA’s work:

• The future of principles-based regulation

• The Treating Customers Fairly initiative

• The Retail Distribution Review

• Financial capability

• Regulation of retail banking conduct of business.

Those wishing to attend the meeting should check the venue by contacting the House of Commons Public Information Office on 020 7219 4272 on the day before the hearing.